Trump’s auto tariff delay might benefit Tesla & the Big 3

According to Wedbush analyst Dan Ives, Tesla and Detroit’s Big Three—General Motors, Ford, and Stellantis—could benefit from a potential delay in President Trump’s auto tariffs. In late March, President Trump announced 25% tariffs on imported vehicles, effective April 3, 2025. The U.S. President also announced tariffs for auto parts, slated for May. Ives previously criticized … Read more

Tesla police fleet saves nearly half a million in upkeep and repair costs

As it turns out, operating a fleet of Tesla police cars is very cost-effective. This is, at least, according to the Bargersville Police Department, which has seen significant savings from its fleet of Tesla police vehicles. The Bargersville Police Department’s recent comments about its savings were outlined in an IndyStar report. Big Savings The Bargersville Police … Read more

GM freezes BrightDrop production in Canada, eyes 2026 van refresh

General Motors (GM) has paused production of its BrightDrop electric delivery vans at its CAMI Assembly plant in Ingersoll, Ontario, citing softer-than-expected demand. The halt temporarily lays off 1,200 workers and is set to last until October 2025. General Motors attributes the pause to a need to adjust its BrightDrop inventory and make production meet … Read more

Analysts cut Rivian price targets amid tariff concerns  

Analysts have cut Rivian price targets (PT) amid concerns over President Trump’s tariffs. Baird is the latest investment firm to cut its Rivian price target. Baird analysts slashed Rivian’s PT from $16 to $14 while maintaining a Neutral rating ahead of the electric vehicle (EV) maker’s Q1 2025 earnings. Baird’s downgrade reflects caution in the … Read more