China’s State Administration for Market Regulation announced the recall of nearly 3 million Tesla electric vehicles due to safety concerns with hidden door handle designs. This recall affects multiple brands including Chinese automakers XPeng, Xiaomi, and Geely.
Ferrari’s first-ever all-electric vehicle, the Luce, sold for $40 million at auction, setting a new record for the brand despite design controversies.
CNBC’s real-world comparison of Tesla’s Full Self-Driving and Rivian Autonomy+ systems reveals significant differences in ride smoothness, scenario adaptability, and user experience.
Tesla reported Q2 2026 earnings that missed Wall Street estimates, with free cash flow turning negative for the first time. Auto margins continue to compress as CEO Elon Musk pivots the company toward AI and robotics.
As the Iran geopolitical conflict keeps international oil prices at multi-year highs, Costa Rica and other Latin American, Asian, and African nations are accelerating electric vehicle adoption to reduce reliance on imported oil and hedge against fuel price volatility.
The Middle East conflict continues to drive up global fuel prices, triggering a surge in electric vehicle sales across Australia, Vietnam, Japan, South Korea, and beyond. Analysts say this could lead to a permanent acceleration in EV adoption in emerging markets.