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…
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…
EV giant Tesla Inc. TSLA is offering free supercharging on the purchase of Model 3 and Model Y vehicles in Japan, where it wants direly to expand its market share. What Happened: Tesla now says on its website for customers in Japan that those who purchase a Model 3 sedan from the company after Jan…
Tesla Inc TSLA analysts and experts highlighted the importance of the company’s third-quarter deliveries, while they also pointed to other October catalysts that include full quarterly financial results and the company’s highly anticipated Robotaxi Day on Oct. 10. What Happened: Tesla reported third-quarter deliveries of 462,890 vehicles, up 6.4% year-over-year and up 4.3% quarter-over-quarter. The…