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Tesla, China
More bad news for Tesla in China
Tesla's sales slip comes amid a record year for competitor BYD in the ever-important Chinese market.
China's BYD overtakes Tesla revenue for first time
However, Tesla still sold more electric vehicle (EVs) than BYD in the third quarter. It comes as EV sales in China have been getting a boost from government subsidies to encourage
Tesla's Oct China-made EV sales fall 5.3% y/y
U.S. automaker Tesla sold 68,280 China-made electric vehicles in October, down 5.3% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Deliveries of China-made Model 3 and Model Y vehicles fell 22.
BYD's hybrid popularity catches up to Tesla in China
Tesla is falling behind in China as BYD's hybrids take off. Hybrid sales have helped to drive up overall plug-in sales in China this year. The results come amid a tough year for Tesla overall. Tesla's sales are slipping in China in the latest sign of trouble for Elon Musk's car company.
Tesla sales in China fall 23% in October
The auto market in China had a strong October, exceeding September sales; however, it was Chinese car brands that benefited the most, with Tesla experiencing a 23% sequential decrease.
Elon Musk, Donald Trump and Tesla
Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism
Tesla's market value closed above the $1 trillion mark in a sharp rally on Friday, on expectations that CEO Elon Musk's companies will get favorable treatment under President-elect Donald Trump for his extensive support during the poll campaign.
Tesla shares soar 14% as Trump win sets stage for Elon Musk's electric vehicle company
Trump has proposed tariffs of 10% to 20% on foreign goods that would also impact electric vehicle maker's outside the U.S., especially in China.
Trump Victory Expected to Boost Musk's Mars Dream
Elon Musk's dream of transporting humans to Mars will become a bigger national priority under the administration of U.S. President-elect Donald Trump, sources said, signaling big changes for NASA's moon program and a boost for Musk's SpaceX.
Business Insider on MSN
4d
Tesla criticizes Biden's plan to ban Chinese tech in cars
Despite previously warning that
China
's EV giants would "demolish" their Western rivals without trade barriers, Elon Musk ...
Benzinga.com
1d
Tesla's China Sales Plunge to 6-Month Low In October, Exports Rise
Tesla
's October sales in
China
fall to a 6-month low with just 40,485 units sold, despite a 41.43% YoY increase. TSLA ...
The Information
2d
Musk Could Prove China’s Ace in Dealing With Trump
Donald Trump’s election could put Tesla CEO Elon Musk in a tough spot, caught between his support for the president-elect and ...
Interesting Engineering on MSN
1d
China’s EV maker XPENG unveils Iron robot with 60 joints to mimic human movements
Chinese EV maker XPENG unveils its first humanoid robot, Iron, for factory use, signaling a leap into robotics with shared AI ...
1d
Musk’s Political Efforts Paid Off, What About For Tesla, Robotaxis?
Musk’s all-in on political engagement this season does present some risk for the CEO of a consumer business like Tesla. With ...
Torque News
1d
MG 4 Takes Top EV Sales Spot In Australia From Tesla
MG takes the top sales spot in Australia from the Model Y. Tesla is evolving to become just another car company, and other ...
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