Tesla Shares Soar More Than 14% as Trump Win Is Seen Boosting Elon Musk’s Electric Vehicle Company
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House. Tesla stands to make significant gains under a Trump administration with the…
Gravity to Implement 500 kW EV Charger ‘trees’ on US Streets to Grow Network Larger Than Tesla’s
NY-based startup and EV infrastructure specialist Gravity has launched a new line of universal EV charger “trees” it hopes will bring convenient charging sessions curbside on city streets. The deployment will start modestly, but Gravity is targeting a street charging…
US Supercharge Emerges as Key Player in EV Charging Industry Amid Tesla’s Retreat
As Tesla redirects its focus, US Supercharge sees an opportunity to accelerate the growth of EV charging infrastructure across the nation. By offering comprehensive solutions tailored to the needs of emerging EV charging companies, US Supercharge is laying the foundation…
Tesla’s Sales Drop 9% for First Decline in Four Years as International EV Competition Revs up
Tesla posted its first year-over-year drop in quarterly car deliveries since 2020, stoking concerns about the company’s global market share as international competition has revved up. Elon Musk’s electric car maker on Tuesday said it delivered 386,810 vehicles globally in…
Xiaomi Takes Aim at Tesla in Chinese Auto Market with $29,870 Electric Car
Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla’s Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China.During the two…
Rwanda Welcomes Tesla Electric Vehicles Thanks to AUTO24
Ivan Ruzibiza, AUTO24 Rwanda’s Country Manager, shared the dealership’s dedication to adopting e-mobility, underscoring its importance as the transportation of the future. He also pointed out the government’s initiatives to promote the use of electric vehicles and boost investments in…
Ford EV Owners Can Now Charge on Tesla’s Network, but They’ll Need an Adapter First
Owners of Ford electric vehicles can now use much of Tesla’s charging network in the U.S. and Canada, but there’s a hitch. They’ll need to get an adapter that Ford will provide for free, although the company won’t start shipping…
Ionna EV Charging Network Rivals Tesla, First US Stations in 2024
EV road trips might soon be getting a little bit easier, thanks to thousands of highway fast-chargers starting this year from a network called Ionna. Ionna, as it’s called, is an EV charging network jointly backed by seven automakers, including…
US Fines Electric Car Giant Tesla $1.5M for Waste Violations
A California judge ordered Tesla Inc. to pay $1.5 million as part of a settlement of a civil case alleging the company mishandled hazardous waste at its car service centres, energy centres and a factory, multiple county district attorneys announced….
Tesla Opens First South America Store in Chilean Capital
Tesla opened its first South American store this week, displaying its sleek electric vehicles (EVs) at an upscale mall in Chile’s capital Santiago, as the automaker grapples with a slowdown in EV demand and the growth of Chinese rivals. Tesla…
