U.S. automakers have expressed varied reactions to President Donald Trump’s electric vehicle (EV) policies in 2025, which include rolling back EV mandates, eliminating tax credits, and proposing to rescind emissions regulations. These changes have created a mix of uncertainty, strategic adjustments, and cautious optimism, as automakers navigate a shifting regulatory landscape. Below is a summary … Read more
Detroit, April 4, 2025 – The world’s leading automakers are reeling from President Donald Trump’s “reciprocal tariffs,” enacted on April 2, with a swift cascade of price hikes, production cuts, and layoffs signaling a seismic shift in the global auto industry. As the tariffs—starting at 10% across all imports and spiking to 54% on China, … Read more
July 18, 2025 — Elon Musk’s neurotechnology firm, Neuralink, labeled itself a “small deprived enterprise” (SDB) in a federal submitting with the U.S. Small Enterprise Administration (SBA) on April 24, simply weeks earlier than securing a $650 million funding spherical that valued the corporate at $9 billion. The submitting, first reported by MuskWatch, has … Read more
Tesla Awards Elon Musk $29 Billion in Shares Amid Ongoing Legal Battle Over 2018 Compensation August 4, 2025, 9:25 PM IST – Tesla has granted CEO Elon Musk 96 million shares of restricted stock, valued at approximately $29 billion, as an interim compensation package, according to a regulatory filing on Monday. This move comes six … Read more
July 2, 2025 – Tesla (TSLA) released its Q2 2025 vehicle production and delivery report, announcing 384,122 vehicles delivered globally, a 13% decline from the 444,000 delivered in Q2 2024. The company produced 410,244 vehicles, including 396,835 Model 3 and Model Y units and 13,409 other models, such as the Cybertruck, Model S, and Model … Read more
Norway’s strong embrace of Tesla, driven by its EV-friendly policies, contrasts sharply with Europe’s broader backlash against Elon Musk, as seen in the context of UniCredit’s pursuit of Commerzbank despite German opposition. Tesla’s sales in Norway surged 54% year-on-year in June 2025, with a 115.3% increase in Model Y registrations, following a 213% spike in … Read more
How Canada’s Auto Tariffs Differ from Trump’s: A Strategic Counterpunch April 9, 2025 – Because the commerce conflict between the US and Canada heats up, the auto sector has turn into a central battleground. President Donald Trump’s sweeping 25% tariffs on all car imports, together with these from Canada, have prompted a calculated response from … Read more
Elon Musk Sought Mark Zuckerberg’s Support for $97.4 Billion xAI Bid to Acquire OpenAI, Court Filing Reveals August 22, 2025 SAN FRANCISCO — In a stunning revelation from a court filing made public on August 21, 2025, Elon Musk, CEO of xAI, approached Meta CEO Mark Zuckerberg in early 2025 to join a $97.4 billion … Read more
Germany Lashes Out at Trump’s Levy on U.S. Car Imports In a sharp escalation of transatlantic tensions, Germany has voiced strong opposition to U.S. President Donald Trump’s recent proposal to impose steep levies on American car imports. The move, which Trump has framed as a means to bolster domestic manufacturing and protect national security, has … Read more
Hyundai Raises Revenue Outlook but Trims Profit Margin Amid U.S. Tariff Squeeze, Sets Stage for New York Investor Day New York, NY – Hyundai Motor Co., the South Korean automotive giant, unveiled a mixed financial revision for 2025 on Thursday, boosting its revenue growth forecast while dialing back expectations for operating profit margins in a … Read more