Tesla's stock has been stuck in a tight range between $420 and $470 for the past two months. It's a strange sight for a company that has seen its shares double since April. The big question is whether this is a pause before another big move up or a sign that Tesla's momentum is fading. Let's look at the facts. Tesla's sales are up, but not everywhere. In Europe, sal...
Tesla's electric vehicle sales in Europe have seen a dramatic decline. In the first two months of this year, sales dropped by nearly half compared to the same period last year. This downturn occurred despite a significant increase in the overall electric vehicle market in Europe. The European Automobile Manufacturers Association reported a 28. 4% rise in battery-e...
Recent moves by the Trump administration to slow down the electric car charging infrastructure might block the government from using funds. The plan was to direct states to stop EV charging infrastructure projects, using funds allocated under the former president Joe Biden. Trump has described this federal funding for electric vehicle chargers as a waste of taxpayer ...
China's planning to tighten exports on tech used in electric vehicles (EVs). They want to control the sale of equipment needed to make key minerals like lithium and gallium. This move comes as a response to the US placing restrictions on semiconductor exports. The goal? To keep a grip on the global EV market. China's already a big player in materials like gallium, us...
You might have heard about Rivian, the electric vehicle (EV) maker that's been making waves. Well, they just got a huge boost from the government. President Biden's administration has agreed to give Rivian a conditional loan worth a whopping $6. 6 billion! This loan isn't just for fun, though. It's to help build a new factory where Rivian plans to make up to 400, 000...
The electric vehicle (EV) startup Fisker is facing some serious heat. The U.S. Securities and Exchange Commission (SEC) has launched an investigation into the company. This news comes after a tough week for the EV industry. Fisker's troubles started last year with their Ocean SUV launch, which didn’t hit expected sales despite producing over 10,000 units. They even d...