The company announced it was ending production of its higher-end Model S and Model Y, and turning that production space over to making humanoid robots.
EVs
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Electric vehicles had a bumpy road in 2025 — and one pleasant surprise
A suite of pro-EV federal policies have been reversed. Well-known vehicles have been discontinued. Sales plummeted. But interest is holding steady.
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Ford pulls the plug on the F-150 Lightning electric pickup truck
Ford says it is “following the customer” in discontinuing its large electric pickup, which was well-received but never profitable. Ford will keep the Lightning name alive as a plug-in hybrid.
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EV sales surge in the U.S. ahead of Sept. 30 tax credit deadline
A $7,500 tax credit is available for the lease or purchase of many electric vehicles — but only if contracts are inked by midnight on Sept. 30. The result: The market for EVs is a little distorted.
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The EV tax credit ends soon — but there’s a little bit of wiggle room for car buyers
A federal EV tax credit worth up to $7,500 ends Sept. 30. But the IRS has just clarified that shoppers don’t need to actually have the keys in hand by the deadline to get the credit.
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Ford says it will roll out a cheaper electric pickup truck
Ford announced it will retool its Louisville Assembly Plant to focus on electric trucks. Its goal: to bring down prices for U.S. buyers and compete with Chinese EV makers on the global market.
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Tesla profits slide 16%, despite Elon Musk’s pivot back to his companies
The earnings report follows a 13.5% drop in sales this quarter, compared to the same period a year ago.
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Senate considers ditching the EV tax credit even earlier than planned
As the Senate debates the giant tax and spending bill, lawmakers are weighing a Sept. 30 end date for the EV tax credits. The bill still needs to pass the Senate and then go through reconciliation.
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Senate overrules parliamentarian and votes to undo California EV rule
The Senate parliamentarian advised lawmakers that they couldn’t use the Congressional Review Act to revoke California’s right to set vehicle standards. But they did it anyway. Expect a legal fight.
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The great battery race: China and the U.S. compete over the future of EVs
The car you drive years in the future might run off a battery being invented in a lab today. Companies in China and the United States are racing to perfect and scale up next-generation technologies.
