Increased competition from new entrants into the EV market is threatening Tesla’s standing. Read more at straitstimes.com.

EV brands Rivian, BYD, and Lucid take the wheel to satisfy drivers who are sick of Musk’s conduct. “It’s time for me to divest from all things Elon,” one marketing exec, now an ex-Tesla owner, tells VF.

On Monday, BYD reported $107 billion in revenue for 2024 — crossing the $100 billion level for the first time and besting Tesla’s annual revenue by about $10 billion. That milestone came a week after BYD unveiled a charging system that it says will give its latest EV model 250 miles of range after plugging in for just five minutes.

Canada has frozen all rebate payments for Tesla TSLA.O and banned the electric-vehicle maker from future EV rebate programs.

The nation will scrutinize every EV rebate earmarked for Tesla and won't allow it into future programs as long as tariffs remain in place

Canada has banned cars made by Elon Musk’s Tesla from future electric vehicle rebate programs as the country engages in a tit-for-tat trade dispute with President Trump, the country’s Transport Minister Chrystia Freeland said.