After a rough start, Tesla appeared to get back on track during the third quarter, beating both sales and earnings estimates. But, buried amidst all the financial data, CEO Elon Musk said there won’t be a $25,000 Tesla and the EV maker’s potentially rocket-powered Roadster is delayed – again. But he may be working on a flying Tesla.
When Tesla finally delivered the first Cybertruck 11 months ago it missed the mark in a number of ways, starting with range. While CEO Elon Musk originally promised a version that would clock 500 miles per charge, its currently delivering a max 301 miles. To get close to the original target would require purchasing a range-extender battery, Tesla said. But that now is missing the mark, too.
Mini is rolling out an assortment of new performance models. And while it’s not clear when – or if – we’ll be getting the new battery-electric models in the U.S. we will soon see the 2025 makeovers of both the Mini John Cooper Works Hardtop and Convertible in gas-powered form. Here’s a first look.
U.S. EV sales growth has slowed sharply this past year, high sticker prices getting much of the blame – especially for products delivering reasonable range. That could play out well for Chevrolet which has revealed that the new, base trim package of the Equinox will start at just $33,600 before in delivery fees – even while offering 319 miles per charge. Better yet, that’s just $26,100 thanks to federal tax credits.
Hoping to charge up sales of the Mustang Mach-E, Ford will cut the price by as much as $6,000 for the 2025 version of the all-electric crossover. That’s on top of a handful of other changes, including a revised shifter, a new Sport Appearance Package and upgraded BlueCruise technology.
The buzz is back – the 2025 Volkswagen ID.Buzz, that is, finally reaching U.S. showrooms decades after the demise of VW’s original Hippie Van – and two years after going on sale in Europe. If you’re one of the folks who’ve been anxiously waiting for the arrival of this new electric microbus, the good news is that the wait has been worthwhile. It’s not cheap, but the Buzz delivers a lot for the money.
Chinese automakers are rapidly expanding exports to key regions like Europe and Latin America after long focusing on their home market. But that’s created problems as target markets fight back with new tariffs and other trade restrictions. As a result, some Chinese manufacturers are looking to shift production abroad – and that could include factories in the U.S.
Just months ago, it seemed, the internal combustion engine was on its way out, with regulators planning to phase out the technology – in some markets, like Europe, within barely a decade. While automakers once seemed ready to go along they’re now beginning to push back. That includes BMW’s CEO who called for a “correction” of EV-only strategies at this week’s Paris Motor Show.
More power, more technology and an updated design. What’s not to like? At least that’s what the Bavarian automaker is betting potential buyers will discover about the 2025 BMW 2-Series Gran Coupe. Here’s a first look.
Tesla appears to be planning a shift away from its once groundbreaking EVs to put more focus on a line of robots and robotaxis but that has generated some significant pushback from investors who question the new business model announced by CEO Elon Musk during a flashy Hollywood rollout last week.
Facing mounting criticism for the automaker’s recent plunge in sales and earnings, Stellantis CEO Carlos Tavares will retire in 2026. The announcement comes amidst a major shake-up in the automaker’s Euro-American management team.
It’s a put-up-or-shut-up-day for Elon Musk as Tesla prepares to reveal its long-promised Cybercab, but the company has plenty of other challenges facing it right now, starting with the departure of four top-level executives leading an exodus of talent as insiders balk at the CEO’s increasingly erratic behavior.