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…
Elon Musk’s SpaceX, Amazon.com Inc. founder Jeff Bezos’ Blue Origin, and Boeing Co. BA and Lockheed Martin Corp.’s LMT United Launch Alliance (ULA) have been awarded contracts by the U.S. Space Force. These contracts, valued at $13.5 billion, are intended for launching critical satellites into orbit by 2029. What Happened: These contracts are part of the Space…
Rivian Automotive RIVN CEO RJ Scaringe didn’t hold back at the NVIDIA GTC conference when he shared being upset at how far ahead China is than the U.S. in EV market share. Here’s what Scaringe said sets China apart and how the U.S. can catch up. What Happened: Scaringe has positioned Rivian to be a…
Tesla Inc. TSLA has seen its market share in Europe shrink, despite a surge in demand for electric vehicles (EVs). The company’s sales have dipped for two consecutive months. What Happened: Data from the European Automobile Manufacturers Association (ACEA) indicates that Tesla’s sales in Europe have plummeted by 42.6% this year. Tesla’s market share stood at 1.8% of…
EV giant Tesla Inc. TSLA had 203,221 vehicle registrations in California in 2024, nearly 12% lower than the year before, according to recent industry data. What Happened: “Things aren’t looking so golden for EV automaker Tesla in the Golden State. Tesla’s dominance in the electric vehicle market continues to falter as the brand reported its…
U.S.-listed shares of Chinese EV startups Li Auto Inc. LI, Nio Inc. NIO, and Xpeng Inc. XPEV rose as high as 7.3% in premarket trading on Tuesday after President Donald Trump‘s inauguration even as shares of California-based EV startup Rivian Automotive Inc. RIVN fell. What Happened: Trump on Monday revoked a 2021 executive order signed…