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News
Tesla to unveil redesigned Roadster as early as August, The Information says
7+ hour, 54+ min ago (234+ words) Aug 14 (Reuters) – Tesla plans to unveil a redesigned Roadster as early as this month, The Information reported on Friday, nearly a decade after the electric-vehicle maker first revealed a next-generation version of its original sports car. The event could include…...
S&P 500 CEO pay jumps to record as Musk-inspired compensation plans spread
1+ day, 9+ hour ago (644+ words) Aug 13 (Reuters) – Extraordinary corporate compensation deals for Elon Musk have opened the door for the CEOs of other S&P 500 companies to win huge paydays, a new study shows. Even excluding the CEO of Tesla and SpaceX, average compensation for…...
Trio of economic forces could boost electric vehicles, WoodMac says
1+ day, 9+ hour ago (314+ words) WASHINGTON, Aug 13 (Reuters) – A trio of emerging economic forces could boost global production of electric vehicles with implications for oil, power and metal markets, a report from Wood Mackenzie said on Thursday. The forces are oil supply shocks from wars…...
China’s WeRide eyes Australia, Southeast Asia among potential new markets after strong Q2
1+ day, 8+ hour ago (428+ words) BEIJING, Aug 13 (Reuters) – Chinese autonomous driving firm WeRide is considering Australia, South Korea, Japan, and Southeast Asia as potential new markets for expansion, its chief executive said on Thursday. The expansion push comes as leading Chinese robotaxi firms race to…...
Nigeria’s EV ambitions run into reality of weak electricity supply
2+ day, 19+ hour ago (649+ words) LAGOS, Aug 12 (Reuters) – Nigeria approved tax waivers for nearly 4,000 electric vehicles in the first half of this year, government data showed, as authorities push to accelerate nascent EV adoption despite chronic electricity shortages. The approvals reviewed by Reuters are the…...
German automakers hit by sharp China sales drop in second quarter
1+ mon, 4+ day ago (374+ words) BERLIN, July 10 (Reuters) – German carmakers’ sales collapsed further in China during the second quarter, as a protracted slowdown in the world’s biggest auto market cranked up the pressure on legacy brands in a bruising battle with local competitors. Volkswagen, Mercedes-Benz…...
Tesla’s China-made EV sales rise 24.4% year on year in June | Sports Radio KWSN
1+ mon, 1+ week ago (273+ words) BEIJING, July 2 (Reuters) – Tesla’s China-made electric vehicle sales rose for an eighth month in June, supported by an extended recovery in the U.S. automaker’s European sales. Deliveries of Model 3 and Model Y vehicles made in its Shanghai plant, which…...
Tesla raises prices of Model Y cars in the US for the first time in two years
2+ mon, 4+ week ago (47+ words) May 16 (Reuters) - Tesla raised the prices of its Model Y cars in the United States on Saturday, according to its website. The company increased the price of its Model Y premium all-wheel drive and Model Y premium rear-wheel drive by…...
Exclusive-Rivian developing variants of its more affordable R2 EVs
3+ mon, 1+ week ago (83+ words) By Abhirup Roy SAN FRANCISCO, May 5 (Reuters) - Rivian is working on undisclosed variants of its R2 electric vehicles, the company's CEO said, days after starting volume production of the smaller and more affordable SUVs. Rivian, known for its high-en......
Tesla deliveries mark weakest quarter in a year, inventory swells
4+ mon, 1+ week ago (661+ words) April 2 (Reuters) – Tesla kicked off 2026 with its weakest quarterly deliveries in a year, missing Wall Street expectations as fading U.S. incentives and intensifying global competition strain its core electric vehicle business. Shares of the Elon Musk-led company fell more than…...