The UK has now become Chinese EV giant BYD Co. Ltd.‘s (OTC:BYDDY) (OTC:BYDDF) largest international market as Tesla Inc. (NASDAQ:TSLA) sales continue plummeting in Europe. BYD Sales Increase Ten-Fold The company sold 11,271 vehicles in the UK during September, much higher than the 1,150 units it sold in the region during September last year, The…
Tesla, Inc. (NASDAQ:TSLA) and other automakers are grappling with what could be a sharp disruption to the EV market after federal subsidies that had helped sustain demand have expired. Executives warn that the removal of these incentives could trigger a sudden decline in sales, posing a significant challenge for companies that have invested billions in…
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…
Jeff Bezos-backed Slate Auto has recruited a key Tesla Inc. TSLA manufacturing leader amid its affordable EV pickup truck push. Slate Auto Poaches Tesla Model Y Assembly Lead The startup has recruited Napoleon Reyes, who headed Tesla’s Model Y and Model Y Refresh General Assembly from 2022 in Fremont, California, Electrek reported on Friday. “I…
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…
Ford Motor Co. F said the company’s sales in Q2 2025 surged 14.2% as the company’s market share increased to 14.3%, up 1.8% from the first quarter. What Happened: Ford said it sold 612,095 units in the second quarter, according to a statement released by the Detroit-based automaker. The company also said the F-series pickup…
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,…
Tesla Inc.’s TSLA new vehicle registrations in California have declined despite growing adoption of EVs in the domestic market, according to the latest Q1 2025 sales data. What Happened: The California New Car Dealers Association (CNCDA) released a report on Wednesday, highlighting the new vehicle registrations in the state for Q1 2025. According to the…
A new report highlights the growth of several automotive brands, as Tesla Inc. TSLA saw its market share decline in the U.S. electric vehicle sector in the first quarter. What Happened: A political push by Tesla CEO Elon Musk has led to protests at Tesla dealerships and lower sales of the leading electric vehicle company in…
The sales figures for Q1 2025 for EVs showcase a growth in U.S. EV sales for several manufacturers and paint a strong picture for the domestic EV sector. What happened: Cox Automotive has published a report outlining how the EV sector is performing in the US. The report showcases how EV sales in the US…