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Tesla US sales drop to nearly 4-year low in November despite launch of cheaper versionsMaking a success of the more affordable variants, called Standard, is important for Tesla and a test of its strategy for how to keep sellin...
Tesla market share in US drops to lowest since 2017 as competition heats upThe decline highlights the threat from automakers ramping up EV incentives at a difficult time for the industry. Analysts expect an EV sale...
Cars are becoming completely unaffordable in US, tariffs will hammer lower-income car shoppers: NissanNissan Americas chairman Christian Meunier expressed concern over potential tariffs, warning they could significantly increase vehicle pric...
Tesla's US sales plunge as GM and others make gainsTesla's U.S. sales experienced a nearly 9% drop in the first quarter, contrasting with the overall electric vehicle market's 11% growth.
This move by Trump to make cars unaffordable for many American families. Here's whyU.S. President Donald Trump's 25% tariff on imported vehicles will primarily affect working-class car buyers, as most low-cost vehicles are...
Once coveted, now cast off: Tesla owners are jumping ship fast, resale market flooded as EV enthusiasts turn their backs on Elon Musk’s flagship brandExplore the surge in used Tesla listings, Elon Musk’s impact on brand value, and challenges facing Tesla in the competitive EV market. Lear...
US car buyers face higher prices, less choice under Trump's tariffsPresident Trump's 25% tariffs on U.S. auto imports will raise car prices, reduce model choices, and limit features for consumers. Automaker...
Why Stellantis, owner of Chrysler, Jeep and Ram, is strugglingStellantis, the automotive giant behind brands like Chrysler and Jeep, is grappling with falling sales and profits. Dealers criticize the c...
Tesla stops taking orders for cheapest Cybertruck, offers $100,000 version nowTesla has stopped taking orders for its $61,000 Cybertruck, prioritizing the $100,000 version for immediate delivery. Although the truck ha...
Tesla's share of US electric car market falls below 50%Tesla's dominance in the U.S. electric vehicle market slipped below 50% in Q2 as sales surged to a record. Tesla's market share dropped to ...
It’s darkest before the dawn in the EV revolutionThe squeeze on spending from high interest rates is going to continue hurting electric and gasoline-powered vehicles alike.
EV maker Rivian beats Q3 delivery estimates after raising productionThe Irvine, California-based startup said it was on track to produce 52,000 vehicles in 2023 - a target it raised in August from 50,000 veh...
Elon Musk-led Tesla's rivals scrap for thin slices of US EV salesFord's decision to halt a planned $3.5 billion battery plant in Michigan highlights the challenge faced by Tesla's competitors in the US ma...
Used electric vehicle sales jump in US as prices fallOn Thursday, Tesla cut prices in the United States between 2% and nearly 6%, the fifth such cut this year. Washington will adopt stricter b...
Ukraine invasion sets back Musk's dream for cheaper EVs, for nowThe average EV sold for almost $63,000 in January in the United States, about 35% higher than the overall industry average for all vehicles...
A $75,000 electric truck with 754 HP engine is 2021's most-awaited vehicle, will compete with TeslaThe big question is what makes, or will make, Rivian exceptional among its set.
Tesla’s followers are trying to piggyback off Elon Musk’s sales winsTesla has spent years lobbying states to loosen these laws, which ban car manufacturers from owning or operating their own stores. Tesla, w...
These are the 20 richest people in the automotive industrySome in this list are prominent, like Elon Musk. Others are not so much so, like Pallonji Mistry.
Mahindra First Choice Wheels raises $15 million in fresh funding roundThe latest round of funding values the decade-old, Mumbai-headquartered company at $265 million, post money, the company said in a statemen...
US-based Cox Automotive buys stake in Mahindra First ChoiceCox Automotive has acquired a significant strategic stake in Mahindra First Choice Wheels, the used-car retailing unit of Mahindra & Mahind...