Tesla is “better-positioned” as a company and as a stock as the tariff situation between the United States, Mexico, and Canada continues to escalate as President Donald Trump announced sanctions against those countries. Analysts at Piper Sandler are unconcerned regarding Tesla’s position as a high-level stock holding as the tariff Read more
Elon Musk company SpaceX is set to lose a $100 million deal with the Canadian province of Ontario following a response to the Trump administration’s decision to apply 25 percent tariffs to the country. Starlink, a satellite-based internet service launched by the Musk entity SpaceX, will lose a $100 million Read more
U.S. President Donald Trump has come to an agreement with Mexico to delay tariffs, stalling potential price increases that are expected to hit Tesla and other automakers if implemented. The Trump administration announced over the weekend that it would enact 25-percent tariffs against products coming from Canada and Mexico, set Read more
Bank of America analyst John Murphy acknowledged that Tesla is on the road to gains but has to face some short-term pain on the way. Murphy cited multiple challenges ahead for Tesla, including the company’s transition to producing its new Model Y vehicle. During the last earnings call, Tesla’s Chief Read more
Tesla’s Megapack grid-scale batteries have been selected to back an energy storage project in Japan, coming as the latest of the company’s continued deployment of the hardware. As detailed in a report from Nikkei this week, Tesla plans to supply 142 Megapack units to support a 548 MWh storage project Read more
Panasonic Holdings Corp. seeks to lower fixed costs and shift to more lucrative areas like AI. The Japanese company is thinking of cutting costs through overhauling personnel and trimming underperforming businesses. Panasonic aims to boost profit by over $966 million by March 2027 through cost cuts and its new employment Read more
The Mustang Mach-E led the way with the best-ever January sales.
The US solar manufacturing industry just hit a historic milestone: Domestic solar module production capacity has surpassed 50 gigawatts (GW). If all these factories ran at full capacity, they could produce enough modules to meet the country’s entire solar demand. more…
On what feels like the first-ever February episode of Quick Charge, we explore the rapid decline of Tesla fortunes in Europe and California, the rapid rise of BYD plug-in vehicles, and talk through the latest round of Canadian trade tariffs as President Trump’s North American trade war hits its stride. Read more
Volkswagen of America today announced the initial pricing and trim for the 2025 Volkswagen ID.4 – here’s the lowdown. more…