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GAC Electric Pickup 01 to Rival Tesla Cybertruck in 2027 After 31% Surge in China’s Truck Exports

A new electric pickup truck is coming in 2027, and it’s turning heads with its bold design. Chinese carmaker GAC showed off their Pickup 01 at the Shanghai Auto Show, bringing fresh

Rahul Somvanshi

May 15, 2025

Tesla Power Station. Photo Source: Don McCullough (CC BY 2.0)

Business·News

Tesla Forms New Board Committee as Musk’s $56B Pay Deal Faces Legal Hurdles

Tesla’s board has formed a special committee to craft a fresh compensation package for CEO Elon Musk while his appealed $56 billion 2018 pay deal remains voided by Delaware courts. Board chair

Karmactive Staffand

Sunita Somvanshi

May 14, 2025

Tesla Store. Photo Source: harry_nl (CC BY-NC-SA 2.0)

Business·News

Tesla Stock Jumps 4.7% After Tariff Cuts as European Sales Drop Up to 81%

Tesla’s stock price went up 4.7% Friday, reaching its best trading day since February 2025. Buyers pushed the price up 4% this week, adding to a three-week buying spree that brought a

Sunita Somvanshi

May 13, 2025

Electric·Mobility·USA

Tesla Model Y RWD: $44,990 Price, 357-Mile Range Launch Aims to Counter 13% Sales Decline

Tesla has introduced a new Long Range Rear-Wheel Drive Model Y in the US market, priced at $44,990 before incentives. This entry-level electric SUV arrives as the automaker faces its worst quarterly

Rahul Somvanshi

May 8, 2025

Business·News·Technology

Tesla Model Y Acceleration Boost Cuts 0‑60 to 4.2 s for $2,000 Software Upgrade

Tesla has rolled out a paid software upgrade for owners of the refreshed Model Y Long Range All-Wheel Drive that cuts the 0-60 mph time from 4.6 seconds to 4.2 seconds. The

Sunita Somvanshi

May 7, 2025

Elon Musk, facing the disruption of businesses since taking part in DOGE. Photo Source: Gage Skidmore (CC BY-SA 2.0)

Business·News

Tesla Denies CEO Search as Q1 Profit Falls 71%, Stock Down 30%, Musk’s DOGE Role Under Fire

A Wall Street Journal report asserting that Tesla’s board was searching for Elon Musk’s replacement has triggered strong denials and raised concerns about the electric vehicle manufacturer’s strategic direction. The May 1st

Sunita Somvanshi

May 1, 2025

Business·News

Tesla Stock Jumps 18% After US Eases Self-Driving Regulations Backing Robotaxi Plans

Tesla’s stock jumped nearly 18% last week after the US government relaxed rules for self-driving cars. The surge came as Transportation Secretary Sean Duffy announced changes that could help Tesla’s planned robotaxi

Sunita Somvanshi

April 26, 2025

Business·Mobility·News

Tesla Robotaxi in Austin June: Testing logs 1500+ trips so far ahead of launch

Tesla is sticking to its timeline for launching robotaxis in Austin, Texas by June 2025, just weeks away. The company recently confirmed it has already begun testing a supervised version of the

Karmactive Team

April 25, 2025

Representative Image.Photo Source: Choo Yut Shing (CC BY 2.0)

Business·News

Tesla Profit Plunges 71%, Deliveries Hit 3-Year Low: Q1 Report Shakes EV Market

Tesla’s first quarter results for 2025 revealed sharp declines across key metrics, with profits dropping 71% compared to last year as the electric vehicle maker faced sales pressure and brand challenges linked

Karmactive Staff

April 23, 2025

Representative Image: Dashboard of Tesla Model X. Photo Source: Vladimir Srajber (Pexels)

Business·News

Tesla Odometer Lawsuit Alleges Mileage Inflation Cuts Warranty for 1M California EV Owners

A California Tesla owner has filed a proposed class-action lawsuit claiming the electric carmaker manipulates odometer readings to make warranties expire prematurely, leaving customers with hefty repair bills. Nyree Hinton, who bought

Sunita Somvanshi

April 22, 2025