Chinese automaker Chery has managed to gain a massive foothold in the European EV market, leaving other automakers shocked at its ability to get into a highly competitive market so quickly. Reuters broke down Chery and other Chinese automakers’ quick move into the market and how they’ve managed to get a foothold in such a…
Tesla is headed for a second straight year of slumping sales after a poor second quarter. What’s happening? Reuters reported the company was “dragged down by CEO Elon Musk‘s right-wing political stances and an aging vehicle lineup that has turned off some buyers.” The news agency said that because tariffs, economic uncertainty, and the coming…
A new poll revealed that Tesla is faltering among people across the political aisle. Unfortunately for the brand, it’s not the first time it has faced this kind of issue, with owners reporting embarrassment and disapproval of CEO Elon Musk‘s behavior. What’s happening? Semafor published data from the Electric Vehicle Intelligence Report that demonstrated Tesla’s…
Tesla continues to lose momentum in China with declining sales as competing electric vehicle automakers take over the country’s market. The Chinese company Xiaomi has been gaining significant popularity with its new EV, which is a direct competitor to Tesla‘s Model Y. What’s happening? As Business Insider reported, Xiaomi announced that it received approximately 300,000…
Tesla‘s market share in Oregon has plummeted from nearly half of all electric vehicles in the state in 2023 to just one in six this year, according to The Oregonian. New Tesla registrations fell 17% through the first five months of 2025 compared to the same period last year, per data from the Oregon Department…
Auto industry reports have been tracking data about Tesla‘s declining sales worldwide, with sharp drops recently noted in European markets like France, Portugal, and Denmark. European drivers have been shifting their attention away from Tesla and toward other EV automakers like the Chinese brand BYD. Drivers in Europe’s largest car market, Germany, are also steering…
Tesla announced its 2025 Q1 delivery numbers on April 2, revealing a 13% year-over-year dip at 336,681 — lower than separate projections by the automaker’s investor relations team and Bloomberg analysis, according to the Motley Fool. Analysts believe the grim numbers may be indicating a larger shift. What’s happening? So far in 2025, Tesla has…
Chinese car manufacturing powerhouse BYD is giving American-based automobile giant Tesla a run for its money, literally. Both are prolific creators of electric vehicles, and the gap between their overall production statistics has narrowed significantly within the last two years. According to The Washington Post, in 2024, BYD — which sells EVs for as little…