Tesla sales continued to go down in Europe in the first half of the year. The American EV maker recorded a 33% year-over-year drop in sales from January to June. Meanwhile, traditional automakers have charged ahead with solid gains in the region. The numbers are in, and it’s not looking good for Tesla in Europe….
A total of 41,138 Teslas were registered in California last quarter. (David Paul Morris/Bloomberg) [Stay on top of transportation news: Get TTNews in your inbox.] The number of new Tesla Inc. vehicles registered in California fell once again as the company continued to lose ground in the largest U.S. market for electric vehicles. A total…
Tesla CEO Elon Musk (Photo by Patrick Pleul / POOL / AFP) (Photo by PATRICK PLEUL/POOL/AFP via Getty … More Images) POOL/AFP via Getty Images Tesla’s reputation crisis is deepening, according to a new report from EV Intelligence that says Tesla now has the lowest net positive perception among all EV brands and the highest…
Topline Anticipated earnings reports from the world’s largest stocks boosted the S&P 500 and Nasdaq to new all-time highs Monday, marking the latest records for both indexes in recent weeks, though one analyst warned investor optimism might be short-lived as others say AI firms could propel the rally even more. One analyst warned of “intense…
NEW YORK (AP) — U.S. stocks are rising toward more records on Monday ahead of a week full of profit updates from big U.S. companies, which Wall Street expects to keep growing despite pressure from President Donald Trump’s tariffs. The S&P 500 was 0.6% higher in afternoon trading and above its all-time high set on…
Tesla CEO Elon Musk has shared a post on X (formerly Twitter), suggesting a shift in his stance toward artificial intelligence. Admitting he had been “living in denial” about the technology for too long, Elon Musk wrote in the post: “I resisted AI for too long. Living in denial. Now it is game on.” Musk…
The very day Elon Musk expanded the boundaries of his three-week-old autonomous ride hailing service in Austin, Joe Tegtmeyer’s Tesla tried to illegally run a railroad crossing just as a locomotive approached. “The robotaxi did not see that, and the safety observer had to stop the vehicle until the train had passed. So there’s a…
Microsoft founder Bill Gates once said that Elon is “super mean” and that he can not be taken ‘too personally’. The remark was made by Gates in Walter Isaacson’s 2023 biography of the Tesla CEO, highlighting what can be considered as one of the most high-profile billionaire feuds in recent memory. Fallout between Bill Gates…
Some motorists might feel like electric vehicles are out of reach, but they’re likely more affordable than they assume. Whether working on a tight budget or simply seeking the best value, there are more options than ever when considering a switch. The scoop Based on insights into the electric vehicle market, Recurrent — a company…
How’s the electric vehicle market doing in America so far this year? Well, that depends on what exactly you mean, and who you ask. EV sales are up this half—but the most recent quarter isn’t looking so pretty. General Motors? Crushing it. Tesla? I probably don’t even have to say it at this point. My…