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Tesla Profit Misses Target Despite Record Q3 Sales Surge

Tesla's Q3 profit fell short of Wall Street’s expectations despite record EV sales, a sign of the pressure automakers are facing from shifting federal policies and rising costs.

October 22, 2025

Rivian Mobility Spinoff Preps $4,500 E-Bike as First Product

Also, the micromobility startup spun out of Rivian Automotive, has unveiled its first consumer product: an electric bike that will cost up to $4,500.

October 22, 2025

Amazon Tests Augmented Reality Glasses for Drivers

Amazon said it was conducting trials of the glasses with drivers in North America and planned to further refine the technology before any broader rollout.  

October 22, 2025

GM Plans Autonomous SUV for 2028

GM plans to release a Cadillac Escalade IQ electric SUV that, when on the highway, allows drivers to go hands- and eyes-free, the company announced Oct. 22.

October 22, 2025

Uber, Nebius to Invest Up to $375 Million in Robotaxi Firm

Uber’s investment expands on a multiyear partnership with Austin-based Avride to deploy autonomous vehicles and food delivery robots.

October 22, 2025

Tesla Recalls 13,000 EVs Over Risk of Battery Power Loss

The problem stems from a faulty battery pack connection part, which can lead to loss of propulsion without warning, Tesla said in documents posted to NHTSA’s website.

October 22, 2025

Tesla Investors Pivot to Dreams of AI Future

EVs are the primary way the company can bring in the cash required for its AI investments. And that business is facing slowing demand.

October 22, 2025

Europe's Auto Industry Braces for Chip Interference Soon

Europe’s auto industry is preparing for production disruption within days because of China’s export restrictions on semiconductors made by Nexperia. The U.S. is likely to be affected too.

October 22, 2025

Paccar Q3 Profit Tumbles on Truck Sales Slump

“Paccar delivered good revenues and net income in the third quarter of 2025. Peterbilt, Kenworth and DAF’s excellent trucks contributed to the good results,” said CEO Preston Feight.

October 21, 2025

Paccar, Daimler, Accelera JV Delays Battery Cell Production

Amplify Cell Technologies is pushing back the start of battery cell production at its facility in Mississippi to 2028 from 2027, Paccar revealed publicly for the first time Oct. 21.

October 21, 2025