Saturday, 10 May 2025

Spotlight: Tesla

EVGO Inc. Fast electric vehicle chargers are shown charging a Chevy Bolt in Encintas, California, U.S.,October 17, 2023.     REUTERS/Mike Blake/File Photo
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US offers EVgo conditional $1.05 billion loan for EV chargers

U.S. offers EVgo a $1.05 billion loan guarantee to build 7,500 EV chargers, focusing on marginalized urban communities.

FILE PHOTO: A Tesla Model 3 vehicle warns the driver to keep their hands on the wheel and be prepared to take over at anytime while driving using FSD (Full Self-Driving) in Encinitas, California, U.S., October 18, 2023. REUTERS/Mike Blake/File Photo
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US Uber, Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns

Tesla's Full Self-Driving software is being used by ride-hail drivers, despite safety concerns.

A Tesla Cybertruck is parked on a local Tesla dealer in Paramus, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/File Photo
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Tesla recalls more than 27,000 Cybertrucks to fix rear-view camera delay

Tesla recalls over 27,000 Cybertrucks for delayed rear-view camera images, raising crash risks; software fix planned.

FILE PHOTO: A Tesla logo is pictured on a car in the rain in the Manhattan borough of New York City, New York, U.S., May 5, 2021. REUTERS/Carlo Allegri/File Photo
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Tesla discontinues most affordable Model 3 variant in US

Tesla has discontinued the most affordable Model 3 sedan in the U.S. due to rising tariffs and ineligibility for tax credits.

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
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Tesla misses estimates for Q3 deliveries on stiff competition

Tesla missed third-quarter delivery expectations, reporting 462,890 vehicles, amid rising competition from China and Europe.

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023. REUTERS/Johanna Geron/File Photo
EconomyElectric Vehicles (EVs)LegislationNewsPoliticsRegulationsTrade

EU support is enough to impose Chinese EV tariffs, sources say

The EU is set to vote on Friday for tariffs up to 45 per cent on Chinese-made EVs, likely increasing trade tensions with...

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTrade

GM seeks to ease shareholders’ nerves at investor day

GM aims to reassure investors that despite slowing EV demand, profit growth remains achievable, focusing on stability.

FILE PHOTO: The BYD EV Dolphin Mini is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV in Mexico City, Mexico February 28, 2024. REUTERS/Toya Sarno Jordan/File Photo
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US issues $2 billion in EV tax rebates since Jan 1, Treasury says

The U.S. has issued $2B in EV tax credits for 300,000 vehicles since January, the Treasury said on Tuesday.

FILE PHOTO: Elon Musk, CEO of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo
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Tesla, Musk beat shareholder lawsuit over self-driving promises

A U.S. judge dismissed a lawsuit accusing Tesla and Musk of defrauding shareholders over self-driving technology claims.

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
AnalysisBusinessEconomyElectric Vehicles (EVs)ManufacturingNewsTrade

Tesla’s quarterly deliveries set to rise as China incentives lure wary EV buyers

Tesla is projected to report an eight per cent rise in Q3 deliveries, driven by China incentives and financing, per Wall Street.