Tesla Inc (NASDAQ:TSLA) got the lead on the EV front as a pioneer with Elon Musk's visionary leadership. But regulatory challenges, competition and an unfavorable macroeconomic environment made the ambitious Tesla focus on making an affordable vehicle while autonomous driving remains work in progress. Tesla aims to build its more cost-effective next-generation EV at its new factory in Mexico.

Meanwhile, an Intel Corporation (NASDAQ:INTC) company just revealed its solution to an EV challenge and Worksport Ltd. (NASDAQ:WKSP) just got recognized as innovator for its contribution to the automotive sector as it's about to...