EV Industry
Tesla Targets $20 Billion AI, Robotics Investment in 2026 Amid Strategic Shift
Tesla announced plans for over $20 billion in capital expenditure for 2026, a more than double increase from 2025, signaling a significant pivot towards artificial intelligence and robotics, including a $2 billion investment in xAI and halting Model S and…
Rivian’s Q2 Delivery Drop Highlights Challenges in the EV Industry
Rivian Automotive reported a significant 22% drop in Q2 deliveries, underscoring the broader challenges facing the EV industry. Production slowdowns and regulatory uncertainties compound these difficulties, even as the company prepares to launch its 2026 lineup.