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Despite Elon Musk's exhaustive promotion of Tesla's FSD technology, U.S. consumers don't seem to want it.

Tesla faces a number of challenges in Europe including continued intense competition and brand damage from Elon Musk's political involvement.

The speed of China's electric vehicle revolution has caught many off guard.

With the price of a Lamborghini starting at $400,000, many buyers are choosing to wait for more stable tariff rates before buying, CEO Stephan Winkelmann said.

Germany's industry is suffering as Europe's largest economy is facing various headwinds.

Nissan Motor shares tumbled on Tuesday after Mercedes-Benz announced plans to offload its 3.8% holding in the Japanese automaker.

The rally comes in large part after the company unveiled its latest ES8 SUV on Aug. 21.

Waymo is getting one step closer to starting its engine in New York City.

Nio's U.S.-listed shares rallied, climbing 9.27% to close at $5.54. In Hong Kong, shares rose as much as 10% in Friday morning trading.

That comes after a Nikkei Asia report on Thursday that stated that the automakers are "passing some of the expense of U.S. tariffs."