Tesla is set to address an acceleration system issue in nearly all cars it has sold in China, amounting to around 1.1 million electric vehicles produced at its Shanghai plant
Numerous EV Charging Stations Removed from UK Streets Following Spike in Energy Costs
Free EV Charging Stations in UK Reduced Significantly Due to Escalating Energy Expenses.
Brussels’ ban on petrol and diesel cars has been blocked by Germany and Italy.
Germany and Italy have caused disruption to a proposed European Union to ban on new petrol and diesel cars as they demand exceptions to protect their influential automobile industries.
As petrol prices continue to drop, drivers are becoming less interested in electric cars.
According to the AA, as petrol and diesel prices drop and the cost of electricity surges, the number of motorists interested in purchasing electric cars has significantly decreased.
Tweet: Elon Musk “not guilty” of fraud following Tesla sale
In a fraud trial, Elon Musk was cleared of any liability for investors’ losses. He falsely claimed that he had obtained funding for a private Tesla buyout.
Tesla’s Elon Musk lost $140m to Bitcoin in 2022
According to filings, Tesla suffered a loss of $140m (£113.5m), on its Bitcoin investments in 2022.
Musk defends himself in Tesla tweet trial for three hours
Elon Musk spent three more hours in the witness box, defending himself against a class action lawsuit. The lawsuit alleges that he misled Tesla shareholders by tweeting that he had
Price of used Teslas drops £5,000 as EV’s interest wanes
The price of used Teslas has fallen £5,000 over the last three months due to falling petrol and diesel prices. This is due to a slowdown in electric vehicle demand.
Cazoo founder resigns after 97pc’s collapse in value
Cazoo, an online dealer of used cars, has announced that Alex Chesterman, its founder, will be stepping down as chief executive following a collapse in share prices of 97pc.
Tesla reduces prices by a record £8k in battle against sales slowdown
As the largest electric car manufacturer in the world, Tesla has reduced prices by a record £8,000 to reverse a slowdown.
Electric car production slows as drivers opt for cheaper wet fuel models
Electric cars are approximately £10,000 more expensive than petrol equivalents