More Tesla showroom protests planned for this weekend

More Tesla showroom protests planned for this weekend

Source: The Verge Protestors are planning more demonstrations outside Tesla showrooms nationwide this weekend, as Elon Musk’s polarizing behavior and political activities within the Trump administration continue to have negative side effects on his electric car business. It’s unclear how many people will join the demonstrations, and whether there is even a clear leader behind…

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Honda and Nissan cancel their proposed  billion merger

Honda and Nissan cancel their proposed $60 billion merger

Source: The Verge Instead, Nissan and Honda will move forward with a “strategic partnership” and collaborate on “intelligence and electrified vehicles.” In a press release, the companies say the termination happened after the CEOs “discussed and considered the surrounding market environment, the objectives of the business integration, and the management strategies and structures post-integration.” However,…

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Ford lost  billion on EVs in 2024

Ford lost $5 billion on EVs in 2024

Source: The Verge Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker doesn’t anticipate any relief this year, when it predicts it will lose as much as $5.5 billion on its EV business. Ford reported its fourth quarter and full-year earnings on Wednesday,…

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