Tesla CEO Elon Musk’s role in the 2024 election and second Trump administration coincides with a brand loyalty rate that plummeted from 73% to 49.9% in less than a year. +
Electrek’s Fred Lambert says a review of documents following a $243 million judgment against Tesla reveals the EV maker withheld collision data critical to the plaintiffs’ case. +
California DMV officials are pushing for a 30-day suspension of Tesla’s dealer license in an escalation of a yearslong legal dispute over the way “self-driving” vehicles are advertised. +
In a special July 4 ceremony at the White House, President Donald Trump signed the One Big Beautiful Bill Act into law, cementing the administration’s taxation strategy and budget priorities. +
U.S. sales of new light duty vehicles slowed “considerably” in June after several months in which Americans rushed to lock in pre-tariff prices, according to the latest reports from Automotive News. +
Automotive News reports automakers eager to adopt a direct sales model in European markets have abandoned those plans as obstacles — including dealer opposition — have proven insurmountable. +
The latest reports from S&P Global Mobility and Automotive News show registrations of new fully electric vehicles fell 4.4% in April, snapping a 14-month streak of year-over-year gains. +
Tesla CEO Elon Musk told investors he will reduce his role as a senior White House advisor to one or two days per week after reporting a 71% decline in net income, led by a 20% drop in automotive revenue. +
Plug’s new Trade Desk app was designed to help dealers accurately and efficiently determine the trade-in value of EVs produced by other manufacturers and generate market-rate wholesale offers. +
A Gallup poll finds 51% of Americans own or are open to owning an EV, unchanged from a year ago and down from 59% in 2023. Only 11% say they already own one or are “seriously considering” it. +
