Electric car switch at risk and UK factories could close without 'substantive' changes

Electric car switch at risk and UK factories could close without ‘substantive’ changes

UK car manufacturing has declined for the 12th consecutive month, with production falling by 11.6 per cent in February, as experts warn the net zero switch could further impact UK production. Manufacturers produced 82,178 vehicles last month, 10,787 fewer than in February last year, according to the latest figures from the Society of Motor Manufacturers…

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Elon Musk and Donald Trump

Elon Musk Says Trump Tariffs Will Hit Tesla: ‘Cost Impact Not Trivial’

Tesla CEO Elon Musk has cautioned that newly announced car tariffs by President Donald Trump will significantly impact the electric carmaker, particularly due to its reliance on foreign-made parts. The remarks, shared on Musk’s social media platform, X, followed Trump’s announcement of sweeping 25 percent tariffs on all imported vehicles into the U.S. Newsweek contacted…

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Is Elon Musk’s EV party over?

Is Elon Musk’s EV party over?

Chris Kirkham  |  Reuters Tesla’s stock plunges by half; is Elon Musk’s EV party over? Tesla’s stock has dropped by nearly half in three months, losing most of the gains it made following the U.S. election last year, when CEO Elon Musk helped fund the victory of President Donald Trump. Tesla’s stock has dropped by…

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