July 24, 2025 • By sgoel@insider.com (Shubhangi Goel)

Here is a concise summary of the news article: Tesla's CFO, Vaibhav Taneja, warned that the removal of the $7,500 EV credit by the end of the quarter may affect the availability of Tesla cars in the US. He advised customers to place orders now, as delivery may not be guaranteed for orders placed in late August or beyond. The company reported a revenue decline and lower-than-expected earnings per share, with its stock falling over 4% after hours. Tesla is navigating a "weird transition period" with expiring incentives, regulatory changes, and tariff costs, which increased by around $300 million this quarter.

July 24, 2025 • By RTÉ News

Here is a concise summary of the news article: Tesla CEO Elon Musk warned that US government cuts in support for electric vehicle makers could lead to a "few rough quarters" for the company. Tesla's quarterly sales declined by 13.5%, and profit missed Wall Street targets. The company's revenue fell to $22.5 billion, a 12% drop, despite the launch of a refreshed Model Y SUV. Musk is pursuing autonomous driving and plans to roll out a robotaxi service, which is expected to have a material impact on financials by the end of next year. Tesla is also working on a new, cheaper car, but production will ramp up slower than expected. Musk's comments led to an 8% drop in Tesla shares in opening trade on Wall Street.

July 24, 2025 • By ET Now

Ed Yardeni believes the stock market is optimistic about the US economy's resilience despite tariff-related uncertainty. He predicts a potential 15% base tariff with the EU, which could impact American businesses and consumers. Additionally, the rise of autonomous vehicles may reduce the need for individual car ownership, posing long-term challenges for the global auto sector.

July 24, 2025 • By hurriyetdailynews.com

Here is a concise summary of the news article: Turkish firm Aselsan unveiled new systems to be integrated into Türkiye's Steel Dome air defense at the International Defense Industry Fair (IDEF 2025) in Istanbul. The new systems include the Ejderha air defense system, which can neutralize drones using electromagnetic waves, and the Koral electronic warfare system, which can jam and scramble radar. Other systems showcased include the Turan AI-powered architecture, the Gurz autonomous missile defense system, and the Goktan air defense technology. These systems aim to enhance Türkiye's air defense capabilities and have potential applications in NATO's air defense architecture.

July 24, 2025 • By Reuters

Here is a concise summary of the news article: Tesla CEO Elon Musk warned that the company may face "a few rough quarters" due to the end of US EV support. The company reported a 12% decline in revenue and missed profit targets, with global deliveries dropping 13.5% in the second quarter. Musk expects future gains from self-driving tech and robotaxis, but delays in launching a cheaper model and executive exits have added to investor concerns. The US government is cutting $7,500 tax credits for EV buyers, which may impact Tesla's sales. Despite this, Musk remains optimistic about the company's future, citing plans to roll out autonomous ride-hailing to half of the US population by the end of the year.

July 24, 2025 • By Stephanie Chalmers

Here is a concise summary of the news article: Tesla's quarterly revenue has dropped 12%, the biggest decline in over a decade, missing expectations and causing the share price to slump 4% in after-hours trade. CEO Elon Musk warned of a "rough few quarters" due to the withdrawal of US government subsidies for electric vehicles and policy uncertainty. Despite this, Musk remains optimistic about Tesla's future in autonomous technology, forecasting a significant increase in value by the end of next year. Analysts are divided, with some predicting a strong rebound and others expressing concerns about the company's long-term decline. Musk also announced plans to develop a new, cheaper vehicle and expand the company's autonomous robotaxi service.

July 24, 2025 • By Global Desk

Here is a concise summary of the news article: Tesla's Q2 2025 results show a significant decline, with revenue dropping 12% and net income falling 16%. Vehicle deliveries decreased by 13.5% due to weakening demand and controversies surrounding CEO Elon Musk. Policy changes, including expired EV tax credits and increased tariffs, also affected profitability.

July 24, 2025 • By list.metadata.agency

Here is a concise summary of the news article: Elon Musk warned of a hard year ahead for Tesla, citing the loss of electric vehicle incentives in the US and the lengthy process of rolling out driverless vehicles. Tesla reported one of its worst quarters in a decade, with adjusted earnings of 40 cents a share, missing Wall Street's estimates, and revenue falling 12% to $22.5 billion. The company's traditional carmaking business is struggling due to rising competition and fallout from Musk's political activities. Musk reiterated his desire for a greater ownership stake in Tesla and discussed plans for a robotaxi service and a new Tesla diner. The company's brand has become polarizing following Musk's support of Trump, and analysts have adjusted their expectations downward. Tesla aims to improve and expand its robotaxi service, but investors are looking for more near-term specifics on autonomy.

July 24, 2025 • By Global Desk

Here is a concise summary of the news article in under 8173 tokens: Tesla's stock price fell 4% after the company missed Q2 revenue and earnings estimates. Automotive revenue dropped 16% and vehicle sales declined. CEO Elon Musk warned of potential "rough quarters" due to rising tariffs and the end of the federal EV tax credit. Investors are cautious as Tesla navigates changing demand and regulatory changes.

July 24, 2025 • By Jessica Mathews

Here is a concise summary of the news article: Elon Musk announced that Tesla will start adding customer-owned vehicles to its robotaxi network next year. This will allow hundreds of thousands of customers to rent out their cars as self-driving cabs and make money. The announcement came during Tesla's quarterly earnings call, which reported a 12% year-over-year revenue decline to $22.5 billion, the company's worst performance in at least a decade. The decline was attributed to a slump in vehicle deliveries, falling prices, and declining revenue from environmental credits.

July 23, 2025 • By Andrew J. Hawkins

Elon Musk announced plans to expand Tesla's robotaxi service, aiming to make it accessible to 50% of the US population by the end of 2025. Despite current limitations, including safety concerns and regulatory hurdles, Musk expressed confidence in the company's ability to deliver on its promises. Tesla is testing its Full Self-Driving feature in Europe and China, and Musk predicted that customers would be able to update their vehicles to drive autonomously without supervision by the end of 2025. However, this may require costly hardware updates, potentially leaving older vehicle owners behind. Musk's ambitious plans have raised concerns about the company's ability to meet regulatory requirements and address safety issues.

July 23, 2025 • By Kai Greet

The Royal Navy has commissioned a new ship, HMS Stirling Castle, to support emerging mine countermeasures (MCM) technology. The ship, previously known as MV Island Crown, was procured in 2023 and has been outfitted with a large crane, working deck, and azimuth thrusters. It will act as a hub for smaller, unmanned capabilities that will be deployed from and recovered by the ship. The Royal Navy has invested in new MCM technologies, including uncrewed surface vessels and undersea units, which will be used to lower the risk of crews being lost in mine sweeping operations. The ship's larger size will allow it to carry and operate more autonomous units simultaneously, offering a more comprehensive and persistent capability. The Royal Navy's MCM capability will also be supported by the Type 26 and Type 31 frigates, which have multi-purpose mission bays that can deploy MCM systems. Other countries, such as Belgium and the Netherlands, are also adopting a "mothership" approach for MCM operations.

July 23, 2025 • By Fred Lambert

Here is a concise summary of the news article: Elon Musk claims that Tesla's Robotaxi will cover half of the US population by the end of the year. However, this seems unlikely as the current service is only available in a small area of Austin, Texas, and requires human supervision at all times. Tesla's Q2 2025 financial results showed a 23% decline in earnings due to falling electric vehicle sales and lower margins. Despite this, Musk is promising a return to earnings growth through autonomous driving and humanoid robots. The article expresses skepticism about Musk's claims, citing the need for regulatory approval and the significant hurdles to scaling the Robotaxi service.

July 23, 2025 • By PYMNTS

The US Pentagon has awarded up to $200 million each to four US-based AI companies, including Anthropic, Google, OpenAI, and xAI, to develop "frontier" AI models. The goal is to accelerate the adoption of AI capabilities to address national security challenges. The US military has been investing in AI research and development, with examples including autonomous vehicles and AI-powered surveillance systems. AI is already being used in various military applications, such as enhancing human decision-making and generating operational recommendations. However, there are concerns about the potential risks of AI in warfare, including the possibility of mistakes in judgment. Despite these risks, the US may not have a choice but to embrace AI technology, as adversaries like China are also developing their own AI capabilities.

July 23, 2025

Here is a concise summary of the news article: Tesla's sales and profits have dropped sharply due to Elon Musk's plunge into politics, with revenue falling 12% and profits slumping 16% in the latest quarter. The company's perception has been negatively impacted by Musk's actions, making it a "toxic brand" in the eyes of some analysts. Quarterly profits fell to $1.17 billion, and revenue decreased from $25.5 billion to $22.5 billion. Musk is focusing on the company's autonomous Robotaxi venture, which is expected to take years to turn a profit. Foreign buyers have turned away from Tesla, and rival electric vehicle makers have gained market share. The new federal budget also eliminates a $7,500 credit for EV buyers and wipes out penalties for car makers that exceed carbon emission standards, threatening Tesla's business of selling carbon credits. Despite this, some analysts believe that Musk's focus on AI and autonomous technology will drive the company's future growth.

July 23, 2025 • By Emma Wynne

A recent analysis by insurance company AAMI of 480,000 claims found that 20% of drivers admit to sometimes disabling car safety features. The most commonly disabled features include lane keeping assist, lane departure warnings, autonomous emergency braking, and autonomous cruise control. Many drivers find these features annoying, distracting, or too sensitive, with 69% citing these reasons for disabling them. However, AAMI's Steve Cratchley encourages drivers to keep these features enabled, as they are designed to improve road safety and avoid crashes. He suggests that drivers take the time to learn how these features work and adjust to them, as they can become a safer driver and reduce the risk of accidents. Some drivers have reported negative experiences with these features, such as sudden braking or swerving, but others have found them to be lifesaving. Overall, the analysis highlights the importance of understanding and utilizing car safety features to improve road safety.

July 23, 2025 • By Benjamin Lawrence

The automotive industry is undergoing a major shift as leading automakers are increasingly becoming AI-driven businesses. These automakers are leveraging AI across the entire value chain optimizing …

July 23, 2025 • By Webb Wright

McKinsey's Technology Trends Outlook report highlights 13 technologies driving innovation and addressing critical challenges across sectors. The top trends include: 1. Artificial intelligence (AI) agents, which leverage foundation models to perform tasks on behalf of human users. 2. AI systems, including generative AI chatbots, predictive algorithms, and pattern-detection systems. 3. Semiconductors, such as graphics processing units (GPUs), designed to handle specific tasks. Other notable trends include: * Immersive-reality headsets, such as virtual reality (VR) and augmented reality (AR) * Cybersecurity, as cybercriminals use AI to imitate real people and circumvent organizations' measures * Quantum computing, which leverages quantum mechanics to execute calculations exponentially quicker * Robotics, including self-driving cars and humanoid robots * Advanced transportation technologies, such as drones and e-bikes * Biotechnology, including gene editing and synthetic biology * Space technology, with companies like SpaceX and Blue Origin ushering in commercial spaceflight * Sustainable energy, with innovations aimed at transforming the global energy landscape toward a more sustainable future. These technologies are driving innovation and addressing critical challenges across sectors, and are expected to have a significant impact on business and commerce in the coming years.

July 23, 2025 • By Andrew J. Hawkins

Here is a concise summary of the news article: Tesla's earnings have hit a new low, with a 12% decrease in revenue and a 16% decrease in net income compared to the same quarter last year. The company's automotive revenue slid 16.6% year over year, and its operating income decreased 42% due to lower regulatory credit revenue and reduced average vehicle selling price. Tesla's cash pile decreased by $200 million, and its free cash flow was only $100 million. The company's struggles are attributed to increased competition, economic uncertainty, and the distraction of CEO Elon Musk's political activities. Musk has been involved in various controversies, including his support for former President Donald Trump's administration and his announcement of a new political party. Despite this, Tesla is continuing to develop new products, including a more affordable model and the Tesla Semi and Cybercab. However, analysts predict that the company's free cash flow could turn negative later this year, which could trigger a steep drop in share price.