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Weekly roundup: Trump’s tariffs, Bernie Moreno’s Transportation Freedom Act, Stellantis’ 70%...

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Earlier this week: Trump will enforce 25% tariffs on Canada and Mexico and 20% on China starting March 4. Sen. Bernie Moreno's Transportation Freedom...
Tesla stock drops 8% amid weak China software rollout, political concerns, and declining sales, erasing most post-election gains.

Tesla stock plunges amid disappointing software update and market uncertainty

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Tesla shares dropped more than 8% on Tuesday, wiping out most of the stock’s gains following Donald Trump’s presidential victory. The decline pushed Tesla’s...
The NHTSA confirmed Monday that it has reduced its workforce by 4% as part of broader federal efforts to eliminate probationary employees.

NHTSA cuts 4% of workforce amid ongoing Tesla investigations

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The National Highway Traffic Safety Administration (NHTSA) confirmed Monday that it has reduced its workforce by 4% as part of broader federal efforts to...

Weekly roundup: Asbury expands, Trump’s auto tariffs, Ford delays F-150

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Earlier this week: Asbury Automotive acquired 33 dealerships from Herb Chambers Companies. Trump targets auto imports with new tariffs by April. Ford delays next-gen...

Weekly roundup: Trump imposes reciprocal tariffs, GM, Ford prepare for incoming...

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Earlier this week: President Trump imposed reciprocal tariffs and eliminated steel and aluminum tariff exclusions. General Motors and Ford prepare for the impact of Trump's...
A judge clears Trump’s federal buyout plan, allowing 75K federal workers to resign as Elon Musk leads efforts to slash government jobs.

Trump administration cleared to implement buyout program for federal employees

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On Wednesday, U.S. District Judge George O'Toole ruled in favor of the Trump administration's Deferred Resignation Program, allowing tens of thousands of federal employees...
Tesla's sales in California fell sharply in 2024, marking its first annual decline in the state as competition intensifies.

Tesla’s California sales decline as EV market expands

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Tesla's sales in California fell sharply in 2024, marking its first annual decline in the state as competition intensifies. According to the California New...

Weekly roundup: CDK Global settles for $630M, Trump seeks to pause...

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Earlier this week: CDK Global settled antitrust claims for $630 million amid data access disputes. The Trump administration seeks a Supreme Court review of...

Duffy reviews fuel economy standards, Cadillac unveils Lyriq-V, Tesla faces Q4...

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Top Stories U.S. Transportation Secretary Duffy moves to reconsider fuel economy standards. Read More GM launches high-performance Cadillac Lyric-V. Read More Tesla preps for fourth-quarter earnings amidst...
Sean Duffy, Trump's pick to lead the Department of Transportation, will support NHTSA's safety probes into Tesla's vehicles.

Transportation secretary nominee Sean Duffy supports NHTSA investigations into Tesla

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Sean Duffy, Donald Trump's pick to lead the U.S. Department of Transportation, will support the National Highway Traffic Safety Administration's (NHTSA) probes into Tesla's...