Slate Auto drops “under $20,000” pricing after Trump administration ends federal EV tax credit
Slate Auto has updated its website after Congress passed President Trump’s tax cut bill, which will eliminate the federal EV tax credit.
Tesla faces second straight year of falling sales after another bad quarter
Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
Rivian receives the next $1B from Volkswagen as sales struggles continue
Rivian sales ticked back up in Q2 but were down 23% from the same quarter last year. The company has been dealing with affordability issues made worse by Trump’s tariffs and trade wars.
The electric Hummer is almost outselling the F-150 Lightning
GM’s EVs were popular in the second quarter, a complete contrast to the struggles by Ford, Tesla, Hyundai, and Kia to grow electric vehicle sales.
Tesla sends driverless Model Y from factory to customer to promote its robotaxi tech
The car traveled around 15 miles on highways, surface streets, and even a roundabout. But many questions remain about the stunt.
SpaceX’s Starbase city officials silent on crane collapse
A crane collapsed at SpaceX’s South Texas rocket facility this week, and the company’s newly-formed city won’t say if anyone was hurt. On June 23, a crane being used to clean up debris from the most recent SpaceX rocket explosion coll…
Travis Kalanick is trying to buy Pony.ai — and Uber might help
Uber is reportedly in talks to help fund Travis Kalanick’s potential acquisition of Pony.ai, which has a market cap of around $4.5 billion.
Rivian cuts dozens on manufacturing team ahead of R2 launch
The company laid off around 1% of its total workforce, or around 140 employees. It’s the third round of cuts since the start of 2024.
Elon Musk reportedly fires Tesla’s top sales exec
Omead Afshar, one of Musk’s top lieutenants, is out after more than seven years at the company. He was recently elevated to a VP role in late 2024.
Jeff Bezos is reportedly courting Trump after public spat with Musk
Bezos allegedly sees an opening for his space company, Blue Origin, now that Musk has been diminished in the eyes of the President.