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…
TLDRs; Xiaomi plans to begin selling electric vehicles internationally in 2027, focusing first on satisfying domestic demand. The SU7 sedan and YU7 SUV are driving strong sales at home, but long delivery delays are testing consumer patience. Production capacity remains a bottleneck, with Xiaomi working to scale from 150,000 units annually to meet demand. The…
Chinese electric vehicle (EV) maker Xpeng launched its G7 SUV on Thursday, sending another contender into a fierce battle in the premium SUV segment of the world’s largest EV market, where it joins Xiaomi’s recently introduced YU7 in taking on Tesla’s market-leading Model Y. Dubbed Xpeng’s first “Super AI [artificial intelligence] car”, the G7 starts…
Last Updated on: 2nd July 2025, 09:30 pm EVs are picking up in Europe, with some 305,000 plugin vehicles being registered in Europe in May. That’s up 34% year over year (YoY), its fastest growth rate since August 2023. The 2025 growth rate is also accelerating, now at +24% YoY, or 1.4 million units, which…
Elon Musk has returned to bashing the GOP budget bill in recent days, and in doing so, has reignited his fight with President Donald Trump. In one long-time investor’s view, it’s bound to create even more challenges for the company, which just reported another quarter of weak vehicle deliveries. Ross Gerber, the CEO of Gerber-Kawasaki…
July 2 – Tesla (NASDAQ:TSLA) shares jumped more than 5% on Wednesday after the company reported a 0.8% year?on?year rise in China?made electric vehicle sales for June, ending an eight?month slide. Deliveries from the Shanghai factory, including domestic sales and exports, totalled 71,599 units, up from May’s pace by about 16%, data from the China…