European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals in increasingly large amounts.

The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.

The European stock markets closed mixed in Monday trading as The Stoxx Europe 600 was off 0.04%, Germany's DAX declined 0.54%, the FTSE 100 in London edged 0.02% higher, France's CAC 40 was down 0.27%,

Tesla (NASDAQ: TSLA) announced plans to roll out new, more affordable electric vehicles (EVs) in early 2025 while launching an autonomous ride-hailing service in June. Despite missing Wall Street revenue expectations,

Tesla Inc (NASDAQ: TSLA) shares surged 4% in after-hours trading despite missing Wall Streets fourth-quarter revenue estimates. The electric vehicle (EV) giant reported revenue of $25.71 billion, below

BMW and Tesla have both filed cases with the European Union’s (EU) Court of Justice challenging the EU’s recent decision to hike tariffs on Chinese-made battery electric vehicles (BEVs). The two automakers join a long list of Chinese automakers that have filed similar lawsuits against the EU,

Tesla expects capital expenditure to exceed $11 billion this year and in each of the following two fiscal years, the electric automaker said in a filing on Thursday.

Under stricter European Union regulations taking effect this year, automakers selling cars in Europe face large penalties if their vehicle

Tesla, owned by Elon Musk, is taking the European Union (EU) to court over its tariffs on electric vehicles imported from China. Filed last Wednesday with the European Court of Justice (ECJ) by Tesla’s Shanghai division, the lawsuit comes in the wake of similar legal moves by BMW and other Chinese car manufacturers.

Tesla’s Canadian website says that Model 3 prices will increase up to $9,000 on Feb. 1. The high-end version of the 3 starts at $71,000 so a $9,000 hike is equivalent to a roughly 13% increase. The high-end version of the Y starts at about $70,

Tesla stock was trying to avoid a third consecutive day of declines as investors weighed what big price increases for Tesla’s most popular cars in Canada mean for overall EV pricing and demand in 2025.

World markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. European markets opened higher after the European Central Bank