Automotive - Page 9

Revving Up Controversy: Can Trump’s Tesla Turnaround Recharge a Faltering Brand?

Revving Up Controversy: Can Trump’s Tesla Turnaround Recharge a Faltering Brand?

Donald Trump’s purchase of a Tesla sparks debate, highlighting a tension between political views and electric vehicles. Elon Musk’s controversial persona has contributed to declining Tesla stock prices and sales, creating customer division and “buyer’s remorse.” Some owners alter their Tesla logos
March 13, 2025
Once Shining Star, Swedish EV Battery Maker’s Collapse Sends Ripples Across Industry

Once Shining Star, Swedish EV Battery Maker’s Collapse Sends Ripples Across Industry

Northvolt, a Swedish EV battery producer founded by former Tesla executives, has filed for bankruptcy due to a $5.8 billion debt, impacting Europe’s EV market ambitions. The company’s financial struggles were amplified by failed investor funding efforts and production challenges, including losing
March 13, 2025
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