Tesla’s Sales Slump Continues as Elon Musk Shifts Focus to Autonomous Vehicles and RobotsJuly 5, 2025
Volvo Cars to Cut 3,000 Jobs Amid EV Slump, High Costs, and Tariff Woes Luxury Car May 26, 2025 Swedish automaker Volvo Cars announces plans to cut 3,000 jobs, primarily office-based positions in Sweden, as it navigates high costs, slowing electric vehicle demand, and trade tariff uncertainties.