Rival EV makers like Lucid and Polestar are trying to court disgruntled Tesla owners

Competing electric vehicle makers are trying to capitalize on the public’s sinking approval of Tesla and CEO Elon Musk to steal his customers.

“You have a choice,” reads a recent Lucid ad that specifically offers Tesla owners “looking to elevate their driving experience” a $4,000 trade-in discount on the purchase or lease of a 2025 Lucid Air. Polestar, meanwhile, is offering Tesla owners $5 off the lease of a new Polestar 3.

Lucid Tesla ad — A recent Lucid ad on Instagram

Tesla’s stock has dropped nearly 40% this year and the EV company is struggling to grow sales thanks to numerous headwinds, including increased competition, decreased demand, and annoyance at its CEO’s forays into the government.

Considering that Telsa prices are falling faster than regular EVs, these might be the deals Tesla owners need.

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Jon Keegan

16h

Europe wants to break up with US tech. Here’s how it plans on doing that.

Seeking to reduce its dependency on US tech, the EU is working to build out its own “EuroStack.” Recent tensions between the US and EU have only made this effort more urgent.

Rani Molla

16h

What analysts expect from Tesla’s Q4 2025 earnings

Tesla reports earnings after the bell Wednesday.

Picture of Elon Musk at Davos World Economic Forum

Tom Jones

virtual assistance

19h

12% of American workers use artificial intelligence in their roles every day

A new Gallup survey shows that tech employees, probably unsurprisingly, are leading the charge.

Man and humanoid robot working face to face at computers

Rani Molla21h

Bloomberg: Apple’s updated Siri to arrive in February, chatbot Siri this summer

The smarter, AI-powered Siri that Apple previewed back in June 2024 — capable of using personal data and on-screen context to complete tasks — is finally set to arrive in the second half of February, according to Bloomberg. Meanwhile, a completely overhauled and fully integrated chatbot version of Siri will follow in beta this summer, the outlet reports in an article detailing the executive shake-ups and Google partnership that led Apple to this point.

Inside Apple’s AI Shake-Up and Its Plans for Two New Versions of Siri

Rani Molla

1/23/26

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