Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

US State Dept pauses $400m armored EV plan involving Tesla

The US State Department has paused plans for a US$400 million purchase of armored EVs, which initially involved Tesla.

While Tesla was the only manufacturer to show interest since the proposal began in May 2024, no contract has been awarded, and the project remains in the planning stages.

The request for bids, originally expected by May 2025, is now on hold indefinitely, with no plans to resume.

The agency also revised its internal contract forecast, clarifying that Tesla was mistakenly listed as a potential contractor instead of “EV manufacturers” in general.

A separate contract listing still includes BMW as a possible vendor.

Tesla, which has previously received US$41.9 million in government vehicle-related contracts, has not commented on the situation.

Recent Tesla developments

Timeline
08-Feb-2025 📉 Tesla’s China sales drop 11.5% as BYD soars 47%
  • Tesla’s China sales fell 11.5% in January.
  • BYD’s sales surged 47% amid market competition.
04-Feb-2025 📉 Tesla shares drop 5% on Trump tariffs, EU registration dip
  • Tesla shares drop 5% after new tariffs announced.
  • Vehicle registrations decline significantly in Europe.
31-Jan-2025 📈 Tesla sees $600m bitcoin surge after new digital assets rule
  • Tesla’s net income up due to new asset accounting
  • Digital asset value soared to $1.08 billion
30-Jan-2025 🚗 Tesla targets affordable EVs, paid ride-hailing in 2025
  • Tesla to launch lower-cost EVs by early 2025
  • Shares rose by 4% despite missing profit expectations

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.