Tesla operating profit down 42.5% in Q2 2025 On July 23, Tesla delivered its financial results for Q2, with net income falling 16.3% to USD 1.2 billion, on revenue of USD 22.5 billion, down 11.8% from the same period in 2024. Operating income fell 42.5% to USD 923 million, resulting in a 4.1% operating margin, and adjusted EBITDA was down 7.4% to 3.4 billion in Q2. The company noted its decline in Q2 due in great part to lower automotive deliveri...

News  Updated at: 2025/07/25

Zeekr opens preorders for 7X midsize electric SUV in Brazil On July 15, it was reported that Zeekr has opened pre-orders in Brazil for its third model, the 7X midsize electric SUV, which will officially launch in mid-August in a single Flagship AWD version.   Positioned between the existing Zeekr X compact electric SUV and 001 midsize electric sedan, the 7X features a 646 hp all-wheel-drive powertrain, a 100-kWh CATL battery, and accelerates fr...

News  Updated at: 2025/07/17

Tesla completes autonomous customer delivery from Gigafactory Texas On June 27, Tesla CEO Elon Musk confirmed that one of its newly produced vehicles has, for the first time, delivered itself to a customer autonomously, one day ahead of the company’s original schedule. In May, Musk announced that the first-ever fully autonomous delivery of a Tesla would take place on June 28. The plan was to have the car roll off the production lines at Gigafac...

News  Updated at: 2025/07/01

Tesla first-day robotaxi service incidents draw examination from NHTSA On June 23, after videos surfaced witnessing aberrations seen in Tesla’s self-driving robotaxis, the U.S. National Highway Safety Transportation Administration (NHTSA) announced it is looking into reports that the automaker's self-driving cabs violated traffic laws during their first day of operation in Austin, Texas. NHTSA said it is aware of the incidents that were capture...

News  Updated at: 2025/06/25

Tesla, Jeep lead in 2025 American-Made Index On June 17, Cars.com unveiled its 20th annual American-Made Index (AMI). Released amid rising tariffs and inflationary pressures, this year's index is of interest to OEMs, suppliers, consumers, and the U.S. government. The American-Made Index ranks cars based on five factors:     •    Location(s) of final assembly   •    Percentage of U.S. and Canadian parts as per the American Automobile ...

News  Updated at: 2025/06/18

Tesla launches revised Models S and X in U.S. On June 12, Tesla officially launched the newest versions of its flagship Model S and Model X vehicles, built in Fremont, California. Changes are focused on functional characteristics of the two vehicles rather than obvious styling changes. The list of changes includes:   •    Up to 410 miles of range on the Model S Long Range    •    Quieter inside with less wind and road noise, more eff...

News  Updated at: 2025/06/14

fication of launching a 2025 campaign for the rural spread of New Energy Vehicles (NEVs). The campaign aims to select NEVs meeting the usage requirements in rural areas and with good word of mouth and reliable quality for display, test rides, and test drives and implement policies for reduction or exemption of vehicle purchase tax, trade-in of automobiles, and improvement of county-level charging and battery swapping facilities. The campaign will...

News  Updated at: 2025/06/09

Euro NCAP rates 9 cars on assisted competence and safety backup On May 21, Euro NCAP announced ratings of 9 vehicles based on assistance competence and safety backup. The lineup includes Kia EV3, MAZDA CX-80, MG ZS, Porsche Macan, Renault 5, Tesla Model S, Toyota bZ4X, Volvo EX30, and XPENG G9. Kia EV3 (with 74%), Porsche Macan (with 85%), Renault 5 (with 73%), and Toyota bZ4X (with 83%) all earned a ‘Very Good’ rating in Euro NCAP’s Assist...

News  Updated at: 2025/06/04

Tesla’s lightly refreshed Model S and X spotted Tesla Model S and Model X testing mules have been spotted in California as well as on the Nurburgring track in Germany, and reported on social media. Rather than the major renewal of the Model 3 and Model Y, recent images of the Models S and X prototypes show that Tesla is not planning major design changes, but a refresh that affects the lower portion of the front fascias, with a front camera, and...

News  Updated at: 2025/05/24

Tesla’s Q1 production down 16.3%, deliveries down 13.0% from 2024 On April 2, Tesla reported that production and delivery figures for Q1 2025. Of 362,615 vehicles it produced in Q1 (down 16.3% from Q1 2024), 345,454 were Models 3/Y (down 16.2%) and 17,161 were other models, including Models S and X, Cybertruck, and Semi (down 18.3%). While the changeover of Model Y lines across all four of Tesla’s factories led to the loss of several weeks of...

News  Updated at: 2025/04/03

Tesla Gigafactory Berlin produces 500,000th Model Y On March 31, Tesla announced it has produced its 500,000th Model Y at Gigafactory Berlin in a recent post on social media platform X through the company’s Tesla Manufacturing account. Gigafactory Berlin was officially opened on March 22, 2022, taking just over 1,100 days to produce half a million Model Ys. Tesla still has plans to expand Gigafactory Berlin, allowing the facility to produce mor...

News  Updated at: 2025/04/01

the second consecutive month. As fuel prices remain higher, hybrid vehicles (HVs) are still popular. On the other hand, the sales volume of electric vehicles (EVs) dropped 20.1% year-over-year to 4,390 units, marking the 16th straight month of decline. As the EV market in Japan shows little growth, Tesla Inc. (Tesla) decided to discontinue sales of the Model S and the Model X. By powertrain, the sales were driven by HVs with Toyota Motor Corporat...

News  Updated at: 2025/03/13

GMC to begin production of 2026 Hummer EV in July at Factory Zero The start of regular production (SORP) for the 2026 GMC Hummer EV Pickup and SUV is currently scheduled to begin on July 14 at the GM Factory Zero plant in Michigan. Dealers will be able to submit orders starting on May 30. The 2026 GMC Hummer EV is arriving as the fifth model year for the Pickup and the third for the SUV.  Built on the GM BT1 platform, the Hummer EV 2X models f...

News  Updated at: 2025/02/20

Tesla increases Model X by USD 5,000, losing U.S. EV tax credit qualification On February 6, Tesla increased the price of both of its Model X trims by USD 5,000, marking the first time the flagship SUV has seen a bump in price since July 2024, when it was increased by just USD 2,000. The increase now puts the trims over the USD 80,000 limit for the Federal EV Tax Credit of USD 7,500, effectively raising the price to consumers by USD 12, 500. The ...

News  Updated at: 2025/02/11

Tesla recalls a total of over 1.2 million locally produced cars and imported ones in China On January 24, China’s State Administration for Market Regulation (SAMR) announced that Tesla Shanghai and Tesla Beijing recently filed a plan to recall the following vehicles immediately. Tesla recalled 335,716 vehicles, a mix of locally produced Model 3 and Model Y and imported Model S and Model X cars with production dates between July 16, 2023 and Dec...

News  Updated at: 2025/01/27

Tesla recalls 239,382 vehicles in U.S. over loss of rearview camera image On January 6, Tesla issued a recall on certain 239,382 Model S, Model X and Model 3 vehicles equipped with the Full Self-Driving Computer 4.0 and running a software release version from 2023.44.30 through 2023.44.30.6, or 2023.44.100, saying that the computer circuit board may short, resulting in the loss of the rearview camera image.  Upon vehicle power up, insufficient i...

News  Updated at: 2025/01/11

U.S. NHSTA opens probe of 2.6 million Tesla vehicles over summoning feature On January 7, the U.S. National Highway Traffic Safety Administration (NHTSA) announced it has opened a probe into 2.6 million Tesla vehicles in the U.S. over reports of crashes involving Tesla's Actually Smart Summon feature over reports of four crashes. The probe covers 2016-2025 Model S and X vehicles, 2017-2025 Model 3 and 2020-2025 Model Y with the optional Full Self...

News  Updated at: 2025/01/08

CES 2025: Sony Honda Mobility introduces AFEELA 1 On January 6, 2025, Sony Honda Mobility Inc. (SHM) announced the first model to be sold under the AFEELA brand at CES 2025 – AFEELA 1. AFEELA 1 is scheduled for U.S. production at an existing, state-of-art plant in Ohio with official sales in California anticipated in 2025 and deliveries anticipated in mid-2026. AFEELA 1 is available in two trims: AFEELA 1 Origin and AFEELA 1 Signature. The pric...

News  Updated at: 2025/01/07

Electrified vehicles sales increase 70.2% in 2024 in Mexico The Mexican market for hybrid and electric vehicles demonstrated significant growth in 2024, with sales reaching 108,943 units from January to November, a 70.2% increase compared to the same period in 2023, according to INEGI. November alone saw a 41.1% rise, with 12,147 units sold, making up 8.2% of total vehicle sales that month. Hybrid vehicle led the segment with 79% of sales, follow...

News  Updated at: 2025/01/04

Tesla Cybercab to have 50% fewer parts than Model 3 In early December, at the first stop on a public showing tour of the Cybercab at Tesla’s flagship showroom in San Jose, California, the principal engineer of the project, Eric E., revealed that company managed to cut the number of parts in the Cybercab prototype down to just half of what is used in production of the Tesla Model 3. "Two seats unlocks a lot of opportunity aerodynamically," said ...

News  Updated at: 2024/12/13