Tesla’s record sales quarter has offered the company a reprieve after a terrible start to 2025. But CEO Elon Musk is focused on building a “robot army” and making good on his years-long, unfulfilled promise of self-driving cars — tasks he needs to accomplish if he is to unlock the full value of the $1 […]
Elon Musk frets over controlling Tesla’s ‘robot army’ as car biz rebounds slightly Read More »
Tesla delivered a record number of vehicles in the third quarter of 2025, thanks in large part to a rush of customers in the United States who took advantage of the expiring federal EV tax credit. But that record quarter did not lead to greater earnings. In fact, Tesla’s third-quarter profit was still 37% lower
Tesla’s record sales quarter barely boosted profit Read More »
Several years ago, as a skunkworks team of engineers inside Rivian set out to develop an electric micromobility vehicle, one question loomed. “What do we build in-house?” Rivian founder and CEO RJ Scaringe said in an interview recounting the early days of Also, which spun out of Rivian earlier this year. “We realized the only
Rivian spinoff Also reveals a high-end modular e-bike for $4,500 Read More »
General Motors is overhauling the electrical and computational guts of its future vehicles in a bid to deliver faster software, more capable automated driving features, and a custom, conversational AI assistant. The result of this overhaul will debut in 2027 in the Cadillac Escalade IQ. The U.S. automaker, which unveiled its plans at an event
GM’s under-the-hood overhaul puts AI and automated driving at the center Read More »
General Motors is abandoning its BrightDrop electric delivery vans, just four years after introducing the vehicles. The company announced Tuesday alongside third-quarter earnings that it made the decision because the “commercial electric delivery van market developed much slower than expected.” GM also blames the “changing regulatory environment and the elimination of tax credits in the
General Motors gives up on BrightDrop electric vans Read More »
Lucid Motors delivered a record 4,078 vehicles in the third quarter, likely buoyed by a combination of more Gravity SUVs hitting the road and a rush of customers taking advantage of the expiring federal EV tax credit. The Saudi-owned luxury EV startup is still way off the projections it used to go public in 2021
Lucid Motors sets record as Gravity sales pick up and tax credit expires Read More »
Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up here for free — just click TechCrunch Mobility! More than a month ago, I asked you, dear reader, how you thought EV sales would play out once the $7,500 federal tax credit expired on September
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Rivian is changing the door handle design on its upcoming R2 SUV after employees and customers raised safety concerns, according to Bloomberg News. The automaker is one of many that has leaned into electronically-latched door handles over the last few years. While this allows for sleeker presentation and more aerodynamic design, it often results in
Rivian is redesigning the R2 SUV’s door handles for better safety Read More »
Rivian now expects to deliver no more than 43,500 electric vehicles by the end of 2025, which would represent a nearly 16% drop from last year’s sales. The company announced the new guidance for investors on Thursday alongside production and delivery figures for the third quarter of this year. Rivian saw deliveries jump to 13,201
Rivian’s best-case guess for 2025 sales is a 16% drop from last year Read More »
Tesla’s sales growth has vanished over the last year-and-a-half, but the company just registered its best quarter of deliveries ever, in large part because buyers rushed to take advantage of the $7,500 federal EV tax credit before it went away. Tesla delivered 497,099 vehicles over the last three months, the company announced Thursday. That’s a
Tesla has its best sales quarter ever as EV tax credit expires Read More »
