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Tesla’s Q2 Earnings Plunge Amid Brand Fallout, Musk Pushes Ambitious Robotaxi Vision

Tesla’s Q2 Earnings Plunge Amid Brand Fallout, Musk Pushes Ambitious Robotaxi Vision

Tesla’s Q2 Earnings Plunge Amid Brand Fallout, Musk Pushes Ambitious Robotaxi Vision Tesla Inc. has reported a significant downturn in its second-quarter earnings, with both revenue and profits falling for the second consecutive quarter. The electric vehicle giant announced Wednesday that revenue for the three months ending June 30 plummeted 12% year-over-year to $22.5 billion, while earnings per share dropped 23% to $0.40, missing analyst expectations. The financial slide comes amid ongoing brand damage attributed to CEO Elon Musk’s political…

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Tesla’s Q2 Profit Plunge: Musk Addresses Regulatory Headwinds and AI Ambitions Amid EV Slump

Tesla’s Q2 Profit Plunge: Musk Addresses Regulatory Headwinds and AI Ambitions Amid EV Slump

Tesla’s Q2 Profit Plunge: Musk Addresses Regulatory Headwinds and AI Ambitions Amid EV Slump Tesla reported a significant 16% drop in its second-quarter net income, continuing a challenging period for the electric vehicle giant. The decline comes despite CEO Elon Musk’s renewed focus on his companies, following his controversial involvement in the Trump administration’s government cost-cutting efforts. This profit slide follows a 13.5% year-on-year drop in EV sales for the quarter, though it represents a less severe decline compared to…

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Breaking: VW Halts US ID.Buzz Deliveries Amid Tariff Concerns; German-Polish Border Checks Cause Disruptions; Berlin Issues Gaza Starvation Warning

Breaking: VW Halts US ID.Buzz Deliveries Amid Tariff Concerns; German-Polish Border Checks Cause Disruptions; Berlin Issues Gaza Starvation Warning

Breaking: VW Halts US ID.Buzz Deliveries Amid Tariff Concerns; German-Polish Border Checks Cause Disruptions; Berlin Issues Gaza Starvation Warning German automotive giant Volkswagen has temporarily suspended deliveries of its electric van model, the ID.Buzz, to the United States. Media reports, citing company sources, indicate that US tariffs are a contributing factor to this significant decision, impacting the availability of the highly anticipated electric vehicle in the American market. Meanwhile, new spot checks implemented by Poland are creating considerable difficulties for…

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Rivian R1 Quad-Motor Returns: Beastly Performance, ‘Kick Turn’ Feature, and NACS Charging Roll Out This Summer

Rivian R1 Quad-Motor Returns: Beastly Performance, ‘Kick Turn’ Feature, and NACS Charging Roll Out This Summer

Rivian R1 Quad-Motor Returns: Beastly Performance, ‘Kick Turn’ Feature, and NACS Charging Roll Out This Summer Rivian is reintroducing its high-performance quad-motor R1T pickup and R1S SUV, with deliveries commencing this summer. The refreshed R1 platform variants boast over 1,000 horsepower and 1,200 lb-ft of torque, enabling a blistering 0-60 MPH acceleration in just 2.5 seconds for the R1T. A standout new feature, the ‘Kick Turn,’ revives the long-anticipated ‘tank turn’ capability. This off-road maneuver allows the vehicle to effectively…

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Trump Calls Elon Musk’s ‘America Party’ ‘Ridiculous’ Amid Deepening Rift

Trump Calls Elon Musk’s ‘America Party’ ‘Ridiculous’ Amid Deepening Rift

Trump Calls Elon Musk’s ‘America Party’ ‘Ridiculous’ Amid Deepening Rift President Donald Trump has strongly criticized Elon Musk’s recent move to launch a new political entity, the ‘America Party,’ labeling the initiative as ‘ridiculous.’ Speaking to reporters on Sunday, Trump asserted that a third party would only ‘add to the confusion’ in the established two-party system. Musk, who had teased the idea for weeks, formally announced the ‘America Party’ over the weekend on X, stating its aim to challenge the…

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Federal EV Tax Credits Set to Expire Sept. 30: What Buyers Need to Know Now

Federal EV Tax Credits Set to Expire Sept. 30: What Buyers Need to Know Now

Federal EV Tax Credits Set to Expire Sept. 30: What Buyers Need to Know Now Prospective electric vehicle (EV) buyers have a crucial deadline approaching: federal tax incentives for EVs will officially end on September 30. This change follows a significant tax and spending bill recently passed by Congress, which terminated the previous federal tax credits of up to $7,500 for new EVs and $4,000 for used models. While the elimination of these credits is expected to impact affordability, particularly…

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Senate Bill Pushes for Immediate End to EV Tax Credits by September 30

Senate Bill Pushes for Immediate End to EV Tax Credits by September 30

Senate Bill Pushes for Immediate End to EV Tax Credits by September 30 In a significant development for the electric vehicle (EV) market, the U.S. Senate is currently considering a version of a sweeping tax and spending bill that proposes an abrupt termination of EV tax credits as early as September 30, 2025. This move, if passed, would dramatically accelerate the end date compared to the House’s proposed late 2025 or 2026 timelines. The draft bill, which is undergoing active…

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Tesla Achieves Historic First Fully Autonomous Customer Delivery

Tesla Achieves Historic First Fully Autonomous Customer Delivery

Tesla Achieves Historic First Fully Autonomous Customer Delivery Tesla has marked a significant milestone in autonomous driving, successfully completing its first fully unsupervised vehicle delivery from its Gigafactory Texas to a customer’s home. The Model Y, equipped with Tesla’s self-driving technology, undertook a roughly 30-minute journey on June 28, 2025, navigating parking lots, city streets, and highways without any human intervention or remote operators. This achievement was confirmed by CEO Elon Musk, who stated there were no safety monitors or…

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