Electric Vehicles 2

 

Tesla’s U-Turn: Why Elon Musk Now Backs the EV Tax Credit He Once Criticized

Tesla, once a vocal opponent of electric vehicle tax credits, is now pushing for their preservation as the U.S. Senate debates a new budget proposal that could significantly impact the EV industry. Elon Musk, who just last year argued for removing all industry subsidies—including those for EVs—has changed his stance in light of Tesla’s recent […]

23 days ago More
 

BYD Surpasses Tesla with Over $100 Billion in Annual Sales

China’s electric vehicle (EV) powerhouse, BYD, has solidified its position as a global leader, generating 777 billion yuan ($107 billion) in revenue for 2024. This marks a significant leap ahead of Tesla, whose annual earnings reached $97.7 billion. BYD’s impressive growth highlights its dominance in the clean-energy vehicle market, driven by increasing demand for both […]

3 months ago More