The auto industry is now paying the price for its own overconfidence. After years of loudly predicting an electric future that never fully arrived, global automakers have written off roughly $55 ...
Stellantis, Ford, and GM wrote off $55B—legacy auto is liquidating while Tesla pulls ahead with 1.1M FSD subscriptions.
As the dust settles on the end of federal EV incentives in the United States, fresh data shows that Tesla has regained an iron grip on the American electric vehicle market. New estimates from Cox ...
Tesla sales declined in 2025 and several legacy automakers are pulling back their EV commitments. Car companies are struggling to contain prices, and consumers are signing on to riskier loans.
Automakers have racked up massive EV losses, with major U.S. and European brands burning through an estimated $114 billion on ...
Today the 2027 Volvo EX60 debuted, which marks the future blueprint of the Swedish automaker’s electric era. But with it comes a sigh of relief as the automaker’s executives all told The Drive that ...
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