· May 28

Tesla loses more ground in Europe, while BYD makes gains

Tesla’s vehicle sales in the European Union, European Free Trade Association, and U.K. have dropped by 49% year-over-year in April, despite the launch of its new Model Y. This decline contrasts with competitors who have maintained sales levels, with Chinese manufacturer BYD notably increasing EV registrations by 59% in the...
· May 8

Ford hikes Mustang Mach-E price due to Trump’s tariffs

Ford is increasing prices of the Mustang Mach-E SUV and Maverick pickup by up to $2,000 due to import tariffs imposed on vehicles manufactured in Mexico. These tariffs, announced under President Donald Trump’s administration, are expected to cost Ford $2.5 billion in 2025, with General Motors facing up to $5...
· May 5

Trump says he’s willing to delay TikTok ban again

President Donald Trump has expressed willingness to delay the upcoming TikTok ban again if a deal to sell its U.S. operations to American owners is not reached by June 19. Trump has already postponed the ban twice, previously granting 90-day and 75-day extensions amid concerns over the Chinese government’s role....