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All posts tagged "Automotive"

Desperate major automaker mulls scrapping US factory plans due to Trump's tariffs

Desperate major automaker mulls scrapping US factory plans due to Trump's tariffs

Major automaker Volkswagen has considered cancelling its plans for a US major factory over President Donald Trump's automotive tariffs, according to reports Monday.

Oliver Blume, CEO of the Volkswagen Group, said in an interview with Handelsblatt that in the first nine months of 2025 levies issued by the Trump administration had cost the company $2.5 billion and that the company needed to make cuts, Semafor reported.

After Trump returned to office, German investments in the US dropped 45% year-on-year in 2025, according to Reuters. The dollar's depreciation was considered a factor while German exports also declined. ...

Tesla has more bad news about its popular electric vehicles

Tesla has more bad news about its popular electric vehicles

By Kirk O’Neil Tesla car owners might need to take their vehicles in for repairs as a safety precaution. When a consumer buys a new electric vehicle, the owner doesn't expect to get a notification from the EV manufacturer that the vehicle needs repairs after purchase. EV safety recalls issued by the National Highway Traffic Safety Administration, however, have been a common occurrence lately with several automobile manufacturers. Ford (F) - Get Free Report in September 2022 recalled certain 2022 Mustang Mach E Crossovers, because the vehicles' axles could break. General Motors (GM) - Get Free ......
Elon Musk blueprints his stand on free speech

Elon Musk blueprints his stand on free speech

By Luc Olinga The world is waiting to see if Twitter's new boss will reinstate Donald Trump and other banned accounts. Elon Musk is gradually moving forward. But decisively. The richest man in the world and new boss of Twitter (TWTR) - Get Twitter Inc. Report is giving us clues about the question which has the whole world hold its breath: what will be the content management policy on Twitter. The CEO of Tesla (TSLA) - Get Tesla Inc. Report, and three other companies - The Boring Company, Neuralink and SpaceX - has been the owner of Twitter since Oct. 27, a platform which he considers the town ......
Texas power grid woes hit Tesla

Texas power grid woes hit Tesla

By Ellen Chang Texas' troubled power grid is struggling to meet demand during a prolonged heat wave, forcing the state's industrial customers to make moves to cut electricity demand. As a lengthy heatwave sears Texas, the state's power grid operator is struggling to meet demand, forcing it to seek reduced usage from industrial companies in the state. Toyota, Samsung and Tesla (TSLA) - Get Tesla Inc. Report, among other, have made moves to curb electricity usage. Toyota is cutting back on the number of production hours at its San Antonio plant to conserve power. A spokesperson for the Japanese ......
Social media roasts free speech advocate Elon Musk

Social media roasts free speech advocate Elon Musk

By Rob Lenihan Twitter and Reddit commenters are split over how to respond to the firing of SpaceX employees who criticized CEO Elon Musk. Fair or unfair? Stifling free speech or a response to workplace bullying? The SpaceX controversy spilled into social media as commenters posted their thoughts about SpaceX, the rocket company founded by Tesla (TSLA) - Get Tesla Inc. Report CEO Elon Musk, which fired several employees for writing a letter blasting the world's richest man as “a frequent source of distraction and embarrassment.” The employees were complaining about Musk's public behavior and h......
Tesla's Elon Musk wants to be a beloved genius

Tesla's Elon Musk wants to be a beloved genius

By Luc Olinga The billionaire is a divisive personality and his multiple controversies do not help matters. Geniuses are unloved. During their lifetime they are decried, often condemned to gemonies by their peers. They divide just as much as their works. History is teeming with them, from art to technology to science. They are most often rehabilitated after their disappearance. Most often it is advised to separate the work, the accomplishments of the person from the genius in the hope that critics will finally see the specificity and uniqueness of these exceptional human beings. If there is on......