Latest News Updates From Kara Carlson

Lucid posted lower-than-expected revenue after a supply chain challenge slowed February vehicle deliveries — another blow for the EV maker.

Rivian posted a narrower first-quarter loss ahead of the sales debut of its new R2 SUV that’s seen as critical to the electric-vehicle maker’s future.

Tesla reported Q1 earnings that beat Wall Street’s estimates, a sign profitability is holding up as the EV maker invests in robotics and driverless cars.

The company delivered 358,023 vehicles worldwide in the first quarter. It’s the second consecutive quarter that Tesla has fallen short of projections.

A longtime Tesla executive is leaving the Elon Musk-run EV company, extending a string of departures as the manufacturer shifts its focus to artificial intelligence and robotics. 

Lucid Group plans to boost electric vehicle output more slowly in 2026 following a year marked by production struggles and faltering demand for battery-powered vehicles in the U.S.

The automaker has taken “corrective action” including ending the use of Autopilot branding in California, the state’s Department of Motor Vehicles said in a statement late Feb. 17. 

Tesla's robotaxis have been involved in over a dozen crashes in Austin since service began, according to reports the carmaker has made to regulators.

The EV manufacturer reported better-than-expected Q4 results and its first-ever annual gross profit, a key milestone after years of consistent losses.

The Securing Accessible Functional Emergency Exit Act, or SAFE Exit Act, was forwarded to the full committee during a markup session on Feb. 10 by the House Committee on Energy and Commerce.