California Governor Gavin Newsom criticized the slowdown of the United States' electric vehicle (EV) industry, blaming former President Donald Trump and the Republican Party for allowing China to take the lead globally. Newsom highlighted that before Trump's administration, the US was on track to surpass China with strong EV manufacturing, supply chains, and well-paying jobs. He accused the GOP of causing job losses and factory relocations overseas, strengthening China's position in the EV market. Meanwhile, Trump is preparing for a meeting with Chinese President Xi Jinping amid concerns over Chinese EVs entering the US market, with some lawmakers urging restrictions on Chinese investments.
The National Transportation Safety Board (NTSB) reported that a Tesla driver pressed the accelerator pedal to 100%, overriding the Full Self-Driving (FSD) software, before crashing into a house in Katy, Texas, killing a resident. The Tesla was travel...
Google has announced its biggest solar power and battery storage purchase, investing in a project in Arkansas that will generate enough electricity to meet about 6% of the state's peak demand. The project, developed with Cypress Creek Energy, will ad...
Deutsche Bank reaffirmed its Buy rating on Tesla stock, setting a 12-month price target of $465, implying a 17% upside. The bank highlighted Tesla's long-term growth potential driven by autonomy, robotics, and AI, despite expecting Q2 earnings per sh...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
Tesla reported record vehicle deliveries in Q2 2026, but demand quality is weakening due to heavy discounts and lower average selling prices. Despite strong revenue growth, Tesla is expected to have negative free cash flow in 2026–2027 as capital spe...
