Tesla bull sees company’s future clearly: Cathie Wood

ARK Invest’s Cathie Wood explained her bullish stance on Tesla once again. Tesla shares dropped after a challenging first quarter. However, TSLA stock surged on Wednesday, proving Wood’s optimism was right on the money. In an interview with Barron’s, Wood enumerated a few reasons ARK Invest sees a bright future for Tesla. She predicts that … Read more

Volkswagen global deliveries climb with EV boost

The Volkswagen Group’s global deliveries rose in Q1, fueled by demand for electric vehicles (EVs). Europe’s top automaker saw deliveries tick up 1.4% to 2.13 million units, riding a wave of electric vehicle growth in Europe and the Americas. However, Volkswagen stumbled in China, where deliveries dropped 7.1% against fierce local competition. Volkswagen’s EV sales … Read more

Elon Musk reportedly appealed to Trump over aggressive tariff policy: WaPo

Tesla CEO Elon Musk has reportedly made personal appeals to U.S. President Donald Trump over his aggressive tariffs policy. The report was initially shared by The Washington Post, which cited two anonymous sources reportedly familiar with the matter. The WaPo’s Claims As per the Post, Musk’s personal appeals to Trump have not been successful so … Read more

Ford Launches Power Promise Program in the UK  

Ford launches its Power Promise program in the UK, boosting EV ownership perks. “Last Oct., we launched the Ford Power Promise, with complementary home chargers and installation for new electric vehicle customers. Today, the program is launching in the UK! I’m excited more customers will be able to fill up at home to save time … Read more

Tesla cleared of some claims in Blade Runner lawsuit

Tesla cleared of some claims in Blade Runner lawsuit

A judge has issued a tentative ruling dismissing some claims that Tesla and Warner Bros. violated trademark laws when using imagery from the film Blade Runner 2049 during an event in October. Following the automaker’s “We, Robot” Cybercab launch event in October, movie studio Alcon Entertainment filed a lawsuit against Tesla and Warner Bros., claiming … Read more