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EV Daily | Tesla Seeks New CEO; Lucid SUV Lease Begins; Rivian and BMW Adjust to Tariff Pressures
Generated by AI AgentAinvest Market Brief
Thursday, May 1, 2025 8:00 am ET1min read
【Tesla】
Tesla's board is reportedly seeking a potential new CEO to replace Elon Musk, who expressed a desire to step down. The board encouraged Musk to spend more time at , although the current status of the CEO search is unclear. Musk recently indicated plans to reduce his involvement with DOGE to focus more on Tesla, amidst reports of his reduced awareness of Tesla's affairs. Additionally, Tesla has introduced the Powerwall 3 and plans to expand its Megacharger network for the Tesla Semi truck to support long-haul electric trucking by 2027. The Tesla Semi program reports accumulated truck mileage and plans for new charging stations.
【Others】
Lucid Motors is preparing to lease its electric SUV, the Lucid Gravity, with deliveries commencing soon. The lease price starts at $1,102 per month. Lucid's vehicles boast impressive range and charging capabilities, similar to Tesla Superchargers, positioning them competitively in the market.
Rivian is preparing for potential impacts from new tariffs, stockpiling battery supplies and relocating production to the US to mitigate cost increases. Rivian's future R2 model will use LG Energy Solution batteries produced in Arizona.
BMW plans to pause US EV production due to tariff uncertainties but maintains pricing for most imported vehicles. BMW's EV sales have been strong, highlighting its competitive market presence.
Waymo announced a collaboration with Toyota to advance autonomous vehicle technology for personally owned vehicles, leveraging both companies' strengths for future developments.
Tesla's board is reportedly seeking a potential new CEO to replace Elon Musk, who expressed a desire to step down. The board encouraged Musk to spend more time at , although the current status of the CEO search is unclear. Musk recently indicated plans to reduce his involvement with DOGE to focus more on Tesla, amidst reports of his reduced awareness of Tesla's affairs. Additionally, Tesla has introduced the Powerwall 3 and plans to expand its Megacharger network for the Tesla Semi truck to support long-haul electric trucking by 2027. The Tesla Semi program reports accumulated truck mileage and plans for new charging stations.
【Others】
Lucid Motors is preparing to lease its electric SUV, the Lucid Gravity, with deliveries commencing soon. The lease price starts at $1,102 per month. Lucid's vehicles boast impressive range and charging capabilities, similar to Tesla Superchargers, positioning them competitively in the market.
Rivian is preparing for potential impacts from new tariffs, stockpiling battery supplies and relocating production to the US to mitigate cost increases. Rivian's future R2 model will use LG Energy Solution batteries produced in Arizona.
BMW plans to pause US EV production due to tariff uncertainties but maintains pricing for most imported vehicles. BMW's EV sales have been strong, highlighting its competitive market presence.
Waymo announced a collaboration with Toyota to advance autonomous vehicle technology for personally owned vehicles, leveraging both companies' strengths for future developments.
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