California Moves to Ban Tesla Sales, VW Value Tanks Amid Misleading Claims.

California is set to ban Tesla sales due to claims of misleading self-driving capabilities, while Vietnam leads the market. VW's ID.Buzz value has tanked, and there are concerns about the Uber/Lucid autonomous taxi tie-up. The fastest depreciating EVs include four Tesla models, with the Cybertruck being too new to qualify.

In a significant development for Tesla, the California Department of Motor Vehicles (DMV) has escalated its case against the company, seeking to suspend Tesla’s sales license for 30 days due to alleged misleading advertising of Autopilot and Full Self-Driving (FSD) technology [1]. The DMV contends that Tesla's use of terms like "Autopilot" and "Full Self-Driving" overstates the vehicles' capabilities, which still require active driver supervision. Tesla disputes these allegations, claiming that its marketing is future-facing and protected by the First Amendment.

Meanwhile, Vietnam is emerging as a leader in the electric vehicle market. The country plans to ban gasoline motorcycles in major downtown areas of Hanoi starting next summer, part of a broader effort to reduce emissions [3]. Additionally, Vietnamese EV automaker VinFast has secured a $1.4 billion loan from its parent company, Vingroup, along with a $2.1 billion sponsorship from its chairman, Pham Nhat Vuong, to achieve a break-even point by the end of 2026 [3].

Volkswagen's ID.Buzz has seen a notable decline in value, raising concerns about the vehicle's market performance. Furthermore, there are concerns surrounding the Uber/Lucid autonomous taxi tie-up, with questions about the feasibility and safety of such a venture.

In the realm of electric vehicles, four Tesla models are among the fastest depreciating, including the Model 3, Model S, Model X, and Model Y. The Cybertruck, being too new to qualify, is not included in these rankings. This depreciation trend may impact Tesla's future sales and market positioning.

The California DMV hearing could have major implications for Tesla, potentially dealing a significant blow to the automaker by temporarily halting sales in its largest market. The outcome of this case will be closely watched, not only for Tesla but also for the broader electric vehicle industry.

References:
[1] https://driveteslacanada.ca/news/california-dmv-seeks-to-suspend-tesla-sales-license-over-misleading-advertising/
[2] https://www.mercurynews.com/2025/07/15/tesla-goes-to-trial-over-fatal-autopilot-crash-in-florida/
[3] https://electrek.co/guides/vietnam/