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The Latest Breaking News on Electric Vehicles

Tesla Faces A Reality Check Amid Musk’s $1 Trillion Raise Request

We also discuss Lucid’s third-quarter earnings and Redwood Materials’ new plant in South Carolina.

InsideEVs

Pay-per-mile car tax explained: What does Rachel Reeves' plan mean for motorists?

Motorists who drive electric vehicles may face increased taxes if the plan comes into effect

Evening Standard

Motorists 'to be slapped with pay-per-mile tax by Rachel Reeves'

The new scheme is intended to try to close the £30 billion financial black hole the Chancellor faces in the budget at the end of the month

Evening Standard

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Rachel Reeves considering pay-per-mile tax for electric vehicles in budget

EV drivers would face 3p-a-mile charge on top of other road taxes to offset falling revenue from petrol and diesel cars

The Guardian - UK

Ross Gerber Slams Tesla For Spending Money On Promoting Elon Musk's $1 Trillion Pay Package, While 'Struggling To Sell Cars'

Investor Ross Gerber, of Gerber Kawasaki Wealth and Investment Management, is calling out Tesla Inc.’s (NASDAQ:TSLA) priorities, amid reports of digital advertising campaigns being run to promote CEO Elon Musk’s controversial $900 billion compensation plan.

Benzinga

Lucid Stock Slides On Q3 Earnings As EV Maker Announces Organizational Changes

Lucid Group Inc (NASDAQ:LCID) reported financial results for the third quarter after the market close on Wednesday. Here’s a rundown of the report.

Benzinga

Rivian's 25% Stock Rally Puts EV ETFs Back In Play—Time to Buy?

Electric vehicle stocks roared back Wednesday as Rivian Automotive Inc (NASDAQ:RIVN) jumped more than 25%, extending momentum from its third-quarter results. The rebound helped erase much of the prior day’s sector slump, sending EV-focused ETFs higher across the board.

Benzinga

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Elon Musk's $1 Trillion Pay Package Passes: What's at Stake for Tesla Stock

More than 75% of Tesla shareholders voted to approve a massive pay package for CEO Elon Musk. Here's what it means for the Mag 7 stock.

Kiplinger

Rivian Shares Surge As Q3 Loss Narrows, R2 Progress Continues

Shares of Rivian Automotive Inc (NASDAQ:RIVN) are trading higher Wednesday morning after the electric vehicle maker reported third-quarter financial results that beat analyst expectations. Here’s what investors need to know.

Benzinga

BYD's European Takeover Continues—And Tesla's Feeling The Pain

Tesla's top rival continues to advance in Europe. Also: BMW is a bright spot in Europe's EV race, and Rivian's Q3 was a mix of growing pains and good news.

InsideEVs

Elon Musk's $1 Trillion Tesla Pay Proposal Hits Resistance from Norway's Mega Fund

Norway's $2 trillion wealth fund opposes Elon Musk's $1 trillion Tesla pay plan, citing concerns over its size and shareholder impact.

International Business Times

Chrysler Issues Major Recall for Plug-In Hybrid Jeeps Over Fire Concerns

Chrysler recalls over 320,000 Jeep plug-in hybrid SUVs due to battery fire risks, urging owners to park outside and avoid charging.

International Business Times

Elon Musk's Tesla Defies China Flop, Sovereign Fund Revolt, Momentum Soars To The Top Anyway

Tesla Inc. (NASDAQ:TSLA) shares have dipped amid fresh blows from slumping China sales and a high-profile investor revolt against Elon Musk‘s eye-popping $1 trillion pay package, yet the electric vehicle giant’s underlying momentum tells a defiant tale of resilience.

Benzinga

Tesla flying car? Elon Musk teases "unforgettable" demo

Elon Musk is hinting that Tesla will soon showcase a flying car.

Axios

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Benzinga

Ross Gerber Says TSLA Stock Dilution Would Be Equivalent To $275 Million/Day If Elon Musk's Pay Package Passes

Investment firm Gerber Kawasaki's co-founder Ross Gerber says that Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's trillion-dollar pay package would dilute the company's share value.

InsideEVs

The $45,000 Rivian R2 Will Be Able To Power Your Home

Rivian’s make-or-break R2 SUV will be fitted with a newly designed control module that enables bidirectional charging.

The Independent UK

Japan's Toyota, hurt by President Trump's tariffs, reports a drop in profit

Toyota has reported its net profit fell 7% from a year earlier in April-September as President Donald Trump’s tariffs slammed Japanese automakers

Benzinga

Scott Bessent Calls Elon Musk 'One of The Great Entrepreneurs' of This Generation: Says $1 Trillion Pay Package Is For 'Shareholders To Decide'

Treasury Secretary Scott Bessent praised his former colleague, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk, while weighing in on his controversial $1 trillion compensation package.

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Reason

The Shortest SCOTUS Oral Argument In The Modern Era?

Coney Island Auto Parts, Inc. v. Burton was over in 37 minutes.

InsideEVs

Here's What The Rivian R2 Launch Edition Will Be Like

Rivian CEO RJ Scaringe offered new details about the inaugural edition of the upcoming Rivian R2, the EV startup's $45,000 new SUV due out in 2026.

Benzinga

Tesla Sees Demand Drop In Europe In October: Here's How The Company Performed In 9 Key Markets

After a record-breaking third quarter, things could get bad fast for electric vehicle company Tesla Inc (NASDAQ:TSLA). A new report shows a sharp decline for Tesla vehicle registrations in several key European markets.

InsideEVs

'Not In Our Product Roadmap': Rivian Won't Make An Extended-Range Hybrid

Rivian CEO RJ Scaringe shut down the idea that the EV startup will make a hybrid like the Scout SUV or Ram 1500 REV.

Benzinga

Rivian Q3 Highlights: Revenue Beat, R2 On Track For 2026 - 'Significant Progress'

Electric vehicle company Rivian Automotive (NASDAQ:RIVN) reported third-quarter financial results Tuesday after market close.

InsideEVs

More Than 300,000 Jeep Plug-In Hybrids Could Be A Fire Risk

Stellantis has issued a major recall for the Jeep Wrangler 4xe and the Grand Cherokee 4xe due to battery fire risk.

Motor1

'We're Changing the Structure:' GM's Software Boss Steps Down Amid Major Overhaul

Last month, General Motors announced that it would launch a new zonal architecture meant to transform how the company builds its vehicles, with software playing a vital role. Recently, though, the company made some changes to who will oversee that team.

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