New research from Yale University reveals Elon Musk’s political transformation after acquiring Twitter cost Tesla up to 1.26 million vehicle sales. The study identifies a clear “Musk partisan effect” that reversed Tesla’s growth trajectory in Democratic-leaning counties.
Elon Musk is using Tesla’s Optimus robot program as leverage for a historic $1 trillion compensation package, arguing he needs “strong influence” over the company’s future robot army. Meanwhile, GM’s BrightDrop failure and Rivian’s struggles highlight the brutal realities of today’s EV market as the
South Africa’s logistics sector is undergoing a green transformation as ports and container yards increasingly adopt electric heavy lift equipment. Industry reports indicate this shift promises significant emissions reductions and long-term operational savings. The transition aligns with global maritime sustainability goals while improving local air quality and working conditions.
South Africa’s port and container yard operations are undergoing a fundamental transformation as industry leaders increasingly transition toward electric heavy lift equipment, according to recent industry analysis. Sources indicate this shift represents more than just technological advancement—it signals a strategic redefinition of operational efficiency where environmental sustainability becomes a core business driver rather than a secondary consideration.
Michigan officials are demanding millions in incentive repayments from Chinese company Gotion after a planned $2.36 billion EV battery factory collapsed. The project faced years of opposition from local residents and congressional critics over environmental and political concerns.
Michigan is seeking to recover $23.6 million in state incentives from Chinese battery manufacturer Gotion Inc. after the company’s planned electric vehicle battery plant project near Big Rapids collapsed, according to reports from state economic development officials. The state has declared the company in default of its economic development grant obligations, with sources indicating the project saw no “eligible activities” on the site property for over 120 days.
Leading convenience store executives reveal electric vehicle charging stations are failing to deliver expected returns. Despite initial enthusiasm, companies report declining usage and profitability concerns across their charging networks. Industry leaders are reconsidering expansion plans as consumer adoption patterns shift.
Convenience store operators who invested in electric vehicle charging infrastructure are reportedly facing challenging returns, with multiple industry leaders indicating the business case has not materialized as expected. According to recent industry discussions, companies that installed chargers at hundreds of locations are seeing disappointing usage patterns and profitability metrics.
Tesla announced a 37% drop in quarterly profits even as revenue hit a new high, with CEO Elon Musk labeling firms opposing his compensation plan “corporate terrorists.” In related news, European aerospace giants are joining forces to compete with rivals like Starlink.
Tesla’s third-quarter financial results revealed a mixed picture, with record revenue but a significant profit decline, according to reports. The company reportedly achieved $28 billion in revenue for the three months ending September, a 12% increase from the same period last year, driven by U.S. buyers rushing to secure electric vehicle tax credits before their expiration. However, profits fell by 37% year-over-year, which analysts suggest is partly due to increased costs from tariffs and research investments.
Tesla’s Bold AI Chip Manufacturing Plan In a revealing third-quarter earnings call, Tesla CEO Elon Musk detailed the company’s ambitious…
Tesla returned to profitability in the third quarter as buyers raced to claim expiring federal EV incentives. The automaker reported $1.4 billion in net income despite a 37% profit decline compared to the same period last year.
Tesla reportedly generated $28.1 billion in revenue during the third quarter, marking a 12% increase year-over-year, according to the company’s earnings report. The electric vehicle manufacturer earned $1.4 billion in net income for the quarter ending in September, though this represents a 37% decrease from the $2.2 billion profit recorded during the same period in 2024. Sources indicate the revenue figures exceeded Wall Street expectations of $26.24 billion, based on data compiled by LSEG.
Record Deliveries Fail to Translate Into Stronger Earnings Tesla achieved a remarkable milestone in the third quarter of 2025, delivering…
Tesla’s Anticipated Revenue Rebound After two consecutive quarters of declining year-over-year revenue, Tesla is projected to report a 4.7% increase…
