Elon Musk’s Tesla Struggles in China with Worst Sales Performance in Years
Tesla’s sales in China have taken a significant hit, with Elon Musk’s EV giant experiencing its worst sales performance in years for the month of October.

Tesla’s sales in China have taken a significant hit, with Elon Musk’s EV giant experiencing its worst sales performance in years for the month of October.

The children of Jeffrey and Michelle Bauer have filed a lawsuit against Tesla, accusing Elon Musk’s EV giant of negligence in a fatal car crash that claimed the lives of their parents and three others. The lawsuit claims that multiple people survived the crash, only to be trapped in the burning Tesla by the company’s electronic door handles, which have led to other lawsuits making the same claim.

The bank behind the world’s largest sovereign wealth fund has dealt a blow to Elon Musk’s proposed $1 trillion compensation plan at Tesla. Norway’s sovereign wealth fund, the sixth-largest Tesla shareholder, is the first major shareholder to publicly vote against Musk’s massive pay package.

Tesla shareholders are set to decide this week whether to approve a trillion dollar compensation package for CEO Elon Musk that could grant him much more control over the company than he has today. Critics, including proxy advisory firm Institutional Shareholder Services (ISS), are urging shareholders to vote no on the plan.

Safety tests by a public transport operator in Oslo, Norway, conducted have raised grave concerns over Chinese electric buses.

Uber CEO Dara Khosrowshahi believes that in “20 plus years,” all cars will be autonomous, leading to a decline in private car ownership and a shift in the perception of driving to be a hobby, which he compares to horseback riding.

Electric truck maker Rivian is conducting another round of layoffs, cutting over 600 jobs, which amounts to four percent of its headcount, as the company tries to reduce costs amidst a pullback in the EV industry. This is the EV company’s second round of layoffs in a month.

Tesla is recalling 12,963 vehicles in the U.S. due to a defect in a battery pack component that could lead to a sudden loss of drive power, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday.

VW is temporarily pausing production of the “ID Buzz” electric bus due to weak demand. The EV van, once hotly in demand, has suffered from increased demand and American consumers turning away from EVs in general.

The Chinese Ministry of Commerce on Thursday announced more restrictions on the export of rare earth minerals, crucial for manufacturing semiconductors, electric vehicles (EVs), green energy products, and other key technologies.

Elon Musk’s Tesla suffered a 9.4 percent year-on-year decline in German sales for September, even as the overall sales of EVs rose by 31.9 percent in the country, according to data from the German road traffic agency KBA.

A driverless Waymo car was caught on camera illegally passing a school bus in Atlanta, Georgia, on Monday. The autonomous vehicles are becoming notorious for erratic driving in cities where they are allowed to operate.

Ford and General Motors have introduced new programs aimed at extending the use of the $7,500 U.S. tax credit on electric vehicle leases beyond the subsidy’s expiration date. EV companies including Tesla have been desperate to secure car sales before the expiration of the tax credit, demonstrating their importance in the EV buying decision.

Elon Musk’s Tesla is calling on the EPA to uphold the legal basis for regulating greenhouse gas emissions from vehicles, warning that repealing these standards threatens the electric automaker’s investments and its alleged fight against “climate change.” EPA Administrator Lee Zeldin has labeled the rules as the “holy grail of the climate change religion.”

Canadian Prime Minister Mark Carney met with Chinese Premier Li Qiang on the sidelines of the U.N. General Assembly (UNGA) in New York City on Tuesday.

President Donald Trump dealt California Governor Gavin Newsom a defeat this week as California regulators voted to repeal a mandate that required trucking fleets to purchase zero-emissions, electric-powered vehicles.

An electric school bus carrying five children caught fire in Montreal on Tuesday morning, thankfully everyone on board escaped unharmed. The EV buses are also used in some American school districts.

EV maker Rivian has announced a lay off as the company prepares for the end of federal EV tax credits and a challenging economic landscape. The company beat Elon Musk’s Tesla in bringing an EV pickup truck to the market, but has yet to prove it can succeed without massive taxpayer help.

Tesla’s grip on the U.S. EV market is slipping as rivals launch new models and offer aggressive incentives to buyers. According to new data, Tesla’s market share has dropped to its lowest point since 2017, when both Elon Musk and his car company were far less well known than they are today.

A hacker reportedly uncovered critical electronic data that Tesla claimed it didn’t have, shedding new light on a fatal 2019 crash involving the company’s Autopilot technology. The subsequent trial resulted in a verdict of $243 million against Elon Musk’s EV giant.

Elon Musk’s Tesla has experienced a 40 percent plunge in sales throughout Europe, with the EV giant facing growing competition from Chinese EV company BYD.

Indian Prime Minister Narendra Modi on Tuesday inaugurated a factory in the town of Hansalpur that will manufacture an electric vehicle (EV) called the Maruti Suzuki e-Vitara.

School districts throughout the United States are ditching electric school buses, manufactured by a Canadian company that has fallen into bankruptcy, for diesel school buses, citing the difficulty in getting electric buses repaired.

A District Judge has ruled that Elon Musk’s Tesla must face a class action lawsuit filed by California drivers who allege that Musk misled them for eight years about the self-driving capabilities of the company’s EVs.

Volkswagen is now offering owners of its ID.3 EV hatchback the option to boost their car’s performance — for a monthly subscription fee. Instead of following the traditional model of offering improved performance through upgraded components, VW has locked its car’s true potential behind a software subscription.

Brazil’s socialist president, Luiz Inacio Lula da Silva, declared at the opening of a Chinese automobile plant that Brazil is “open for business.”

A semi-truck transporting eight Tesla EVs caught fire on the 5 Freeway in Los Angeles, leading to extensive road closures and significant traffic disruptions on Saturday evening. The Los Angeles Fire Department has not disclosed the cause of the inferno that required a massive team of firefighters to put out.

Elon Musk’s reliance on selling regulatory credits to boost Tesla’s bottom line is coming to an end as the U.S. government eliminates subsidies and fines related to fuel economy standards. Tesla has amassed an amazing $11.8 billion from the sales of regulatory credits to carmakers.

“Neither snow nor rain nor heat nor gloom of night stays these couriers from the completion of their appointed rounds” goes the U.S. Postal Service creed – but not with electric vehicles, if some Republican lawmakers have their way.

Elon Musk’s Tesla is taking initial steps to bring its autonomous robotaxi service to New York City, posting jobs for prototype vehicle operators to collect data for its self-driving software.

General Motors plans to import batteries from China’s Contemporary Amperex Technology (CATL) for its second-generation Chevrolet Bolt electric vehicle, despite the high tariffs imposed by the Trump administration.

EPA Head Lee Zeldin rebuked a CNN host live on her own show for showing clips–unrelated to their conversation–of power plants blowing smoke.

Tesla, once the automotive industry leader in customer loyalty, has seen its brand loyalty collapse after CEO Elon Musk publicly expressed conservative political values, according to exclusive data from research firm S&P Global Mobility.

Sales of electric vehicles (EV) in California continue to stagnate, throwing Gov. Gavin Newsom’s mandate in doubt — even as the state fights to save it in court from repeal by Congress and President Donald Trump.

A federal jury in Miami has found Elon Musk’s Tesla partly at fault in a federal lawsuit over a 2019 Autopilot crash in Florida that left a young woman dead and her boyfriend badly hurt. The jury awarded the plaintiffs $200 million in punitive damages along with compensatory damages.

New research shows that the hate and outrage leftists feel towards Tesla CEO Elon Musk is causing them to buy less EVs in general instead of turning to Tesla rivals.

Tesla is taking a gradual approach to introducing its autonomous driving technology in the San Francisco Bay Area by initially offering a ride service with humans at the wheel while it awaits regulatory approval for its robotaxis.

Elon Musk’s Tesla reported a 16 percent decline in automotive revenue as sales fell for a second straight quarter and again failed to meet analysts’ estimates. The stock is down more than nine percent in morning trading.

A Tesla charging unit sparked a two-alarm garage fire in Lewisville, Texas, on Monday, causing significant damage to the upper floors of the home and a second vehicle in the garage, according to fire officials.

General Motors (GM) has experienced a dive in profits, the news coming as its leadership continues touting electric vehicles (EV).
