ev – One America News Network

A Tesla model 3 is pictured inside a showroom, as the U.S. prepares to announce tariffs on Taiwan, in Taipei, Taiwan July 31, 2025. REUTERS/Ann Wang

Tesla gambles that introducing new models no longer matters

Tesla’s stalling car business remains almost entirely dependent on that one breakthrough – and it may continue to be for years to come.

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS

Tesla expected to unveil lower-cost Model Y in push to reignite sales

Tesla is expected to unveil on Tuesday a more affordable version of its best-selling Model Y SUV.

A Tesla robotaxi with no backseat passengers drives on the street along South Congress Avenue in Austin, Texas, U.S., June 22, 2025. REUTERS/Joel Angel Juarez

Tesla shares soar after first robotaxi rides hit the road in Austin, Texas

The automaker deployed a small fleet of self-driving taxis in Austin, Texas, marking the first time its cars have carried paying passengers without human drivers.

CORTE MADERA, CALIFORNIA - JUNE 12: A Tesla car sits parked at an electric vehicle charging station on June 12, 2025 in Corte Madera, California. U.S. President Donald Trump is set to sign a congressional resolution barring California's electric vehicle sales mandate that requires 100% of new car and light truck sales in the state be zero-emission vehicles by 2035. (Photo by Justin Sullivan/Getty Images)

Trump firma legislación para anular el mandato de vehículos eléctricos en California

El presidente Donald Trump firmó este jueves una ley que pone fin al mandato de California que requería la transición total a vehículos eléctricos para 2035. Durante la ceremonia de firma, también anunció su intención de imponer una nueva prohibición sobre turbinas eólicas, aunque no ofreció detalles específicos sobre esa iniciativa.

Tesla electric vehicles are parked in a storage lot outside a disused movie theatre in Scottsdale, Arizona, U.S., June 11, 2024. REUTERS/Go Nakamura/File Photo

Consumers boosted 2024 U.S. new-car sales to five-year high

New-car sales in 2024 continued to rise from their pandemic lows, bolstered by replenished inventories and higher incentives.

Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. REUTERS/Benoit Tessier/File photo

Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows

Elon Musk’s net worth crossed $400 billion, boosted by a nearly 71% surge in the automaker’s shares this year and the soaring valuation of his rocket company SpaceX.