The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.

The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.

[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.

"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 and full-year 2024 earnings, where they posted major losses. The automaker behind Chevrolet and Cadillac said it lost $2.

Tesla stock opened down 0.7% at $395.19 ahead of earnings. Coming into this report, Tesla stock has fallen for five of the past six trading days, losing almost 7% over that span. The year-over-year gain is worth more than the market value of General Motors,

Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.

Tesla reported lower than expected profits yesterday but confirmed key 2025 benchmarks, saying it will return to sales volume growth and move forward

Owners of the electric Lucid Gravity SUV will gain access to Tesla’s Supercharging network starting January 31. The Gravity is Lucid’s second

Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it projected a return to volume growth in 2025. "With the advancements in vehicle autonomy and the introduction of new products,

DETROIT – General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the Detroit automaker targets becoming the top-selling luxury EV brand this year in the U.S.

On January 28, General Motors (GM) unveiled the all-electric performance Cadillac Lyriq-V, a high-performance version of the Lyriq priced at $80,000, as the automaker aims to become the top-selling luxury EV brand in the United States by 2025.