Tesla Inc.‘s TSLA lackluster sales continue to pose a challenge for Elon Musk‘s EV giant, with the latest data suggesting dwindling market share in the U.S. Tesla Market Share Reaches Eight-Year Low In The U.S. The company’s total market share in the U.S. EV market is down to below 40% for the first time since…
Tesla Inc. TSLA has officially launched the 6-seater version of the Model Y SUV in China, dubbed the Model Y L, amid poor sales performances for Elon Musk’s EV giant. A Refreshed Tesla Model Y With 6 Seats The automaker released the new Model Y with 6 seats in the Chinese market for 339,000 RMB…
Tesla Inc. TSLA has experienced a fifth straight month of declining sales in Europe as EVs continue to gain footing in the region. Check out the current price of TSLA stock here. What Happened: The latest sales figures for the European region during May come in through data released by the European Automobile Manufacturers’ Association,…
Sen. Elizabeth Warren (D-Mass.) requested answers from Apple Inc. AAPL CEO Tim Cook, citing a pattern of “influence-peddling” between the iPhone-maker and the Donald Trump administration over the trade negotiations with China. Amid escalating trade tensions between the U.S. and China, tech bull Dan Ives thinks the time is “ticking” for trade deals as Wall Street reels from the aftermath of a tug-of-war between the world’s…
BYD Co. Ltd. BYDDY, China’s leading electric vehicle maker, has introduced a groundbreaking charging system that rivals the speed of refueling a gasoline car, Bloomberg reports. What To Know: Chairman Wang Chuanfu announced that in tests, the new system charged the Han L model with 292 miles of range in just five minutes. This innovation…
Vietnamese electric vehicle manufacturer VinFast Auto VFS is entering India’s growing EV market with two premium SUVs, following strong third-quarter 2024 delivery growth and significant financial backing from its founder. The Nasdaq-listed company unveiled its VF6 and VF7 models at the India Auto Show in New Delhi, planning to challenge established players like Mahindra &…
In the electric vehicle (EV) battle, Tesla Inc. TSLA and BYD Co Ltd BYDDF BYDDY are two titans vying for dominance. Tesla dominates the premium EV space with its technological prowess and global brand appeal, while BYD, a Chinese heavyweight, is reshaping the mid-tier and budget markets with its diversified lineup and affordability. With Tesla…