EV Industry
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Lucid Motors Denies Bankruptcy Reports Following 55% Stock Crash
Lucid Motors has officially dismissed bankruptcy rumors after its stock plummeted 55% following reports of potential restructuring and insolvency.
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Tesla Files New Roadster Trademark as Cybertruck Faces 11th Recall
Tesla has filed a new hexagonal shield trademark for the long-delayed Roadster, even as the company issues its 11th Cybertruck recall due to wheel separation risks.
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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…
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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.
