JPMorgan analyst Rajat Gupta upgraded Tesla from Underweight to Neutral on Friday, setting a price target of $475 on the stock — a 228% increase from the $145 target he inherited just weeks ago.

Rivian's Chief Financial Officer Claire McDonough dismissed reports that the company plans to manufacture its own LiDAR sensors — calling the coverage an "erroneous headline" during a fireside chat at the UBS 2026 Auto and Auto Tech Conference.

Chinese EV maker Nio is on track to deliver more than 10,000 units of its ES9 flagship SUV in June, according to several Chinese automotive bloggers on Friday.

US light-vehicle sales are settling into a new annual run rate of 16 million units, with hybrid electric vehicles emerging as the main profit driver for Asian automakers, Macquarie analysts said Wednesday.

Ford Motor Company's May US vehicle sales remained well below last year's levels, with EV registrations falling for the eighth consecutive month.

Polestar registered 292 vehicles in Germany in May, a 22% increase from 240 in the same month a year earlier and a rebound from 250 units in April.

XPeng sold 633 vehicles in May in Germany, a new record for the company in the largest auto market in Europe for the third month in a row.

Lucid registered 21 vehicles in Germany in May, matching April's tally and rising 40% from the 15 units recorded a year earlier, according to data published on Tuesday by the Kraftfahrt-Bundesamt (KBA).

Chinese EV maker Nio has been struggling with demand in the German market since the beginning of the year.

Lemonade has extended its Autonomous Car insurance to Indiana, the third US state to gain the product since its January launch.

Polestar reintroduced the Polestar 2 fastback in Canada on Wednesday — restoring the brand to a three-model line-up in the market and ending a period in which the entry car was sold only as off-lease, pre-owned stock.

Tesla delivered its 300,000th vehicle in the United Kingdom, the company said on X, marking the milestone at its Manchester Delivery Hub.

XPeng has begun European deliveries of the P7+ sedan, with Vice Chairman and Co-President Brian Gu personally handing over the first unit to a customer in France.

Several Rivian owners reported this week that the Highway Assist feature on their R1 vehicles stopped working on highways where they had used it for months.

Tesla US vehicle sales fell by 12.1% year-over-year in May, marking the eighth straight month of decline, according to estimates released on Tuesday by Motor Intelligence.

Lucid Motors sold 905 vehicles in the United States in May, down 7% from the 975 units recorded in the same month a year earlier, according to sales estimates published by Motor Intelligence on Tuesday.

Sales estimates published on Tuesday by Motor Intelligence showed that Rivian registered 3,100 vehicles in May, a 15.9% decrease from the 3,688 units listed in the same period a year ago.

XPeng's founder and CEO He Xiaopeng announced on Monday that the Chinese automaker will produce a fourth vehicle at Magna Steyr's facility in Graz, Austria — extending a partnership that began late last year.

WeRide and Uber announced on Tuesday the launch of Spain's first commercial robotaxi pilot in the Region of Madrid — a move that also represents their first joint European market entry.

Tesla's Gigafactory Berlin-Brandenburg chief André Thierig said the company will continue building cars "for a very long time," even as it expands into AI, robotics, and energy.