TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%
TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%
TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%

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Polestar, the electric vehicle maker, announced today that it has secured a 12-month loan facility of up to $450 million.

Polestar secures $450 million loan amid weak demand and delayed earnings reports

- February 28, 2025
Polestar, the electric vehicle maker, announced today that it has secured a 12-month loan facility of up to $450 million. The company also delayed its fourth-quarter earnings report and annual...

Weekly roundup: Trump’s tariffs, Bernie Moreno’s Transportation Freedom Act, Stellantis’ 70% profit drop

- February 28, 2025
Earlier this week: Trump will enforce 25% tariffs on Canada and Mexico and 20% on China starting March 4. Sen. Bernie Moreno's Transportation Freedom Act to boost auto jobs and...
Senator Bernie Moreno introduced the Transportation Freedom Act, a bill aimed at strengthening American auto manufacturing.

Sen. Bernie Moreno introduces Transportation Freedom Act to boost auto jobs and lower vehicle costs

- February 27, 2025
Senator Bernie Moreno introduced the Transportation Freedom Act, a bill aimed at strengthening American auto manufacturing while reducing vehicle costs for consumers by eliminating what he calls burdensome government mandates....

GM announces dividend hike, Tesla revises governance, Nissan plans CEO change

- February 27, 2025
Top Stories GM boosts dividend and initiates $6 billion share buyback program. Read More Tesla to classify U.S. government as related party due to Musk’s influence. Read More Nissan prepares to replace CEO amid...
Musk’s government ties may force Tesla to list the U.S. as a related party, raising transparency questions over financial disclosures.

Tesla to classify U.S. government as related party due to Musk’s influence

- February 27, 2025
Elon Musk’s significant influence over U.S. political affairs, combined with his Department of Government Efficiency (DOGE) leadership, creates an unusual accounting dilemma for Tesla's accounting department. Under U.S. disclosure regulations,...
Stellantis reported a steep 70% decline in the full year 2024 net profit, falling to 5.5 billion euros ($5.77 billion) from $19.5 billion.

Stellantis faces 70% profit drop but eyes recovery in 2025

- February 26, 2025
Stellantis, the parent company of Jeep, Dodge, Fiat, Chrysler, and Peugeot, reported a steep 70% decline in the full year 2024 net profit, falling to 5.5 billion euros ($5.77 billion)...
Tesla stock drops 8% amid weak China software rollout, political concerns, and declining sales, erasing most post-election gains.

Tesla stock plunges amid disappointing software update and market uncertainty

- February 26, 2025
Tesla shares dropped more than 8% on Tuesday, wiping out most of the stock’s gains following Donald Trump’s presidential victory. The decline pushed Tesla’s market capitalization below $1 trillion, marking...
On February 25, Peter Rawlinson, the CEO of EV maker Lucid, announced he would be stepping down after more than five years in that role.

Lucid CEO Peter Rawlinson steps down amid $397M Q4 loss

- February 26, 2025
On February 25, EV maker Lucid’s CEO, Peter Rawlinson, announced he would be stepping down after more than five years in that role. He will transition from strategic technical advisor...
The NHTSA confirmed Monday that it has reduced its workforce by 4% as part of broader federal efforts to eliminate probationary employees.

NHTSA cuts 4% of workforce amid ongoing Tesla investigations

- February 25, 2025
The National Highway Traffic Safety Administration (NHTSA) confirmed Monday that it has reduced its workforce by 4% as part of broader federal efforts to eliminate probationary employees. The cuts come...
In 2024, the automotive industry experienced a widening in the cybersecurity gap as hackers evolve faster than the industry can handle.

Security report reveals alarming trends in auto cybersecurity threats

- February 25, 2025
There was a startling and sharp increase in cyber threats within the automotive industry in 2024. Despite regulatory scrutiny, cybercriminals are evolving faster than the industry can respond, increasing the...
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