A new report states that Austria-based contract manufacturer Magna Steyr is on the cusp of securing two new customers in XPeng Motors and GAC Motor Co. As a result of the reported deal, those Chinese automakers would have an avenue around additional tariffs on imports imposed by the EU, while Magna Steyr gains some much-needed EV manufacturing on its Austrian assembly lines.
Tesla has recalled all Cybertrucks ever made and delivered in the US over a trim falling off the electric truck, which can be a dangerous hazard if it happens while driving.
The European Union Commission has reportedly opened a preliminary probe investigating whether China provided unfair subsidies to support Chinese EV automaker BYD in establishing a new production facility in Hungary. This news comes one day after China delayed a decision on BYD’s planned production facility in Mexico, demonstrating growing trade tensions between countries worldwide.
Is Elon Musk using the missing $1.4B to fund anti-Tesla protests as part of a massive false flag operation that will give him control of both the police and the courts? There’s absolutely ZERO evidence to support that idea (plus: I just made it up), but it’s 2025 and that means anything goes on today’s bats**t episode of Quick Charge!
Trump’s US Commerce Secretary, Howard Lutnick, who indirectly owns Tesla (TSLA) stocks through his firm, has publicly recommended buying Tesla stocks today.
This is likely the first time that a sitting US Commerce Secretary publicly recommends to buy a specific stock.
The US battery storage market set another record in 2024, installing 12.3 gigawatts (GW) of new capacity across all sectors, according to a new report from the American Clean Power Association (ACP) and Wood Mackenzie.
In total, 12,314 megawatts (MW) and 37,143 megawatt-hours (MWh) of energy storage were added, marking a jump of 33% and 34%, respectively, compared to 2023.
South Korea just got its largest outdoor EV fast-charging hub, and it’s at the Korea International Exhibition Center (KINTEX) in Goyang. The new hub, built by charging network Water, features 46 fast chargers capable of juicing up everything from electric cars to buses and trucks.
Tesla’s (TSLA) accounting practices are raising red flags as a new report from the Financial Times shows that $1.4 billion is missing.
