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In the world of electric vehicles, a new and intriguing development has emerged, shrouded in secrecy and fueled by the innovative spirit of Elon Musk. The enigmatic yellow car, a prototype that has sparked curiosity and speculation, is at the heart of this story. This project, a well-guarded secret,......
Canada has announced a 100% tariff on imports of Chinese-made electric vehicles, aligning with the United States’ stance. The move follows concerns from Western governments regarding China’s subsidies, which they argue provide an unfair advantage to Chinese industries. This decision......
In a bold proclamation that has sent ripples through the tech industry, Tesla CEO Elon Musk has announced plans to integrate "genuinely useful" humanoid robots into the company's production lines as early as next year. This ambitious timeline, shared by Musk on his social media platform......
BYD, China's preeminent electric vehicle (EV) manufacturer, has signed a landmark $1 billion (£780 million) agreement to construct a state-of-the-art manufacturing facility in Turkey. This strategic move underscores BYD's relentless expansion beyond its domestic market. The forthcoming......
As 2024 unfolds, Tesla faces a year of financial turbulence, with a challenging first quarter and a continued struggle through summer. The price increase of the Model 3 in Europe has only added to the company's woes. Yet, history shows that Tesla has navigated through crises before, emerging stronger......
Tesla shareholders have approved a groundbreaking pay package for CEO Elon Musk and endorsed a plan to relocate the company's legal headquarters to Texas. Earlier this year, a judge in Delaware had blocked the deal citing concerns over its fairness to shareholders. The vote marks a significant victory......
The European Commission has issued a stark warning to China: resolve the ongoing subsidy dispute over electric vehicles (EVs) or face significant tariff hikes. This ultimatum follows a preliminary finding in an anti-subsidy investigation into Chinese EV imports, which revealed that Chinese battery electric......
In an unprecedented move, Elon Musk's colossal compensation package, valued at a staggering $56 billion, has become a subject of intense scrutiny. The saga, which began in 2018 when Tesla's board approved the lucrative deal, took a dramatic turn when a U.S. court annulled the compensation plan......
In the rapidly evolving world of electric vehicles (EVs), Xiaomi, the Chinese tech giant, is making waves with its audacious foray into the automotive industry. After successfully launching its first EV lineup, the SU7 series, the company is already setting its sights on an even more ambitious target:......