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News
Elon Musk Net Worth Slides as Tesla Drops 13.5%
2+ day, 2+ hour ago (323+ words) Elon Musk net worth moved lower as Tesla shares fell about 13.5% on Thursday after weaker-than-expected second-quarter earnings unsettled investors. The drop came after Tesla reported 31 cents per share, below Wall Street’s 51-cent expectation. That kind of one-day decline matters because…...
2026 Ferrari Macarena Wing F1: Ferrari adds triple-element rear wing for Hungarian Grand Prix
3+ day, 6+ hour ago (360+ words) Ferrari has brought an upgraded Macarena rear wing to the Hungarian Grand Prix, adding a triple-element design as it looks to make better use of a track where downforce matters more than reducing drag on the straights. The change is…...
Elon Musk Faces Nearly 300 July 22 Questions on Tesla Stock
1+ week, 2+ day ago (343+ words) Tesla stock is heading into the July 22 earnings call under sharper scrutiny. Shareholders have submitted nearly 300 questions to the Q2 2026 earnings Q&A portal, and the loudest ones are not about the long game. They are asking Elon Musk why robotaxi,…...
Subaru of America orders 541,237-vehicle Subaru Safety Label Recall
1+ week, 2+ day ago (266+ words) Subaru of America has announced a Subaru safety label recall for 541,237 vehicles in the United States after certification labels were printed with an incorrect gross axle weight rating. The company plans to start mailing notices on August 25, 2026, and owners will…...
Siobhan Doyle reports April 2028 Pay-per-mile Tax For Petrol Cars
1+ week, 4+ day ago (326+ words) Siobhan Doyle reported that the government is pressing ahead with a pay-per-mile tax for petrol cars through a new Electric Vehicle Excise Duty system from April 2028. Drivers of electric cars would pay a mileage-based charge alongside the current road tax…...
Subaru Recall: 541,237 U.S. Vehicles Recalled Over Label Error
1+ week, 5+ day ago (315+ words) Subaru recall action covers 541,237 vehicles in the U.S. after the company found they were manufactured with an incorrect Gross Axle Weight Rating on the certification label. The U.S. National Highway Traffic Safety Administration said this on Tuesday. For owners, the issue is…...
247,226 EVs Keep Cox Automotive's Cars For Sale Slump in Focus
2+ week, 8+ hour ago (345+ words) 247,226 EVs were sold in the second quarter of 2026, and that rise from the first quarter came even as the U.S. Cars For Sale market for battery-powered models stayed 20.5% below a year earlier. Cox Automotive’s data points to a market that is…...
Toyota Invests $3.6 Billion, Expands Toyota Tacoma Production
2+ week, 3+ day ago (418+ words) Toyota will invest $3.6 billion to expand its San Antonio plant and move Toyota Tacoma production from Mexico to Texas over the next four years. The shift adds about 2,000 jobs and gives the company a larger U.S. manufacturing base just as pickup…...
Ford recalls 110,626 vehicles in Ford Mustang Us Vehicle Recall
2+ week, 4+ day ago (341+ words) Ford is carrying out a Ford Mustang US vehicle recall covering 110,626 vehicles in the U.S. across two separate safety actions. The recalls involve certain Mustang, Mustang GTD and Mustang Mach-E models, and Ford and NHTSA said dealers will repair or replace…...
Rivian Stock Rises More Than 8% After 12,194 Deliveries
2+ week, 6+ day ago (488+ words) El-Balad.com Rivian stock jumped more than 8% after the company said it delivered 12,194 vehicles in the second quarter and lifted its full-year target to 65,000 to 70,000 vehicles. The update gave shareholders a cleaner read on the pace of demand. It also…...