While Tesla’s struggles dominate the headlines, a quieter but more significant story is unfolding: Chinese electric vehicle makers are on a tear. For the second consecutive quarter, Elon Musk’s Tesla has seen its sales decline, a stark contrast to the booming growth reported by rivals like BYD and NIO Inc, who are steadily gaining market…
Shares in oil major Shell (SHEL.L) fell 3.2% on Monday, after the company warned that it expected to report lower trading and production results for its gas division in the second quarter. Shell lowered the top end of its production guidance for the integrated natural gas division to 900,000 to 940,000 barrels of oil equivalent…
Tesla’s stock price has plunged in response to Elon Musk’s announcement of a new political party and his latest attacks on President Donald Trump. Investors are once again concerned about Musk’s focus as the company’s CEO announced over the weekend that he has launched the America Party. Tesla shares tanked 8 percent Monday morning to…
US Treasury Secretary Scott Bessent on Sunday threw some shade at Elon Musk after the tech billionaire announced he had created a political party, suggesting the Tesla and SpaceX boss focus on business and not politics. On Saturday, the South African-born Musk – an ally-turned-critic of US President Donald Trump – said he was founding…
Elon Musk, the world’s richest man and until recently a close adviser to US President Donald Trump, has announced the formation of a new political party called the America Party. The move follows a dramatic split between the two over Trump’s controversial tax-and-spending bill, which Musk says will bankrupt the country.The Tesla and SpaceX CEO…
After publicly feuding with President Donald Trump, Elon Musk, the world’s richest man, announced Saturday that he has started a new political party. Musk made the announcement a day after Trump signed his “Big Beautiful Bill” into law on Friday, which Musk called a “disgusting abomination.” Musk said he could begin by focusing on a…
![Adds Adjustable Pick Up Locations, Shows Wait Time and More [VIDEO]](https://news.charm-retirement.com/wp-content/uploads/2025/07/robotaxi-app-25.7.0-600x400.jpg "Adds Adjustable Pick Up Locations, Shows Wait Time and More [VIDEO]")
July 5, 2025 By Karan Singh Tesla is rolling out a fairly big update for its iOS and early-access-only Robotaxi app, delivering a suite of improvements that address user feedback from the initial launch last month. The update improves the user experience with increased flexibility, more information, and overall design polish. The most prominent feature…
The second quarter of 2025 painted a chaotic picture of the electric vehicle market in the United States. While General Motors enjoyed a breakout quarter, most other automakers, especially Tesla and Ford, stumbled hard. EV sales are now a mix of breakthroughs and breakdowns. And all of this is happening under a White House that…
Elon Musk once touted the Cybertruck as a game-changing marvel, an all-electric, steel-clad juggernaut built to disrupt the pickup market and redefine automotive design. With its sci-fi styling and bold promises of performance and durability, it was more than just a vehicle; it was a symbol of Tesla’s audacious innovation. When deliveries began in late…
TLDRs; Tesla’s sales in Germany plunged 60% in June 2025, signaling brand-specific challenges. Overall EV sales in Germany are rising, indicating Tesla’s issues aren’t market-wide. Chinese rival BYD has rapidly gained ground, outselling Tesla for two consecutive months. Tesla faces a wider European slump, with sales falling across multiple countries since January. Tesla’s once-commanding presence…