China-made electric vehicles fell 11.5% year-on-year in March, as intense market competition continues to disrupt the automaker’s share of China's EV market. The Texas-based carmaker sold 78,828 China-made Model 3 and Model Y vehicles in the month,
A trade war with China could be a big problem for Tesla. China is the electric-vehicle giant's second-largest market. The company generated $20.94 billion in revenue from China in 2024 ...
Another fiscal year and another bold prediction that Tesla’s long-running reign as the global market share leader will end.
Shares of Tesla fell more than 2% on Wednesday as the company recorded a bigger-than-expected drop in sales in the January-March period.
Tesla faces a litany of issues in China, including slumping sales and being outpaced on tech advances by Chinese rivals like BYD.
Warren Buffett is not afraid to invest in younger technology companies. One company in Berkshire Hathaway's stock portfolio since in 2008 has started to catch up to Tesla. Tesla has been a pioneer in the electric vehicle (EV) industry,
Tesla’s stock closed higher Tuesday for the fifth straight day, a remarkable and sustained rally that has recaptured a quarter of the value it lost in the last three months. It may not last.
China’s EV giant BYD recorded revenues of 777 billion yuan ($107 billion) for 2024, surging ahead Elon Musk’s Tesla in annual sales amid intensifying competition in the global market for clean-energy cars.
Tesla reported almost 336,700 Q1 vehicle deliveries, missing analyst expectations. That's 13% lower YoY and the worst quarterly data since 2022.
BYD, the Chinese EV giant, passed a significant milestone on Monday: it overtook Elon Musk’s Tesla in annual revenue. BYD generated 777.1 billion yuan ($107.1 billion) in annual revenue, up 29%. Not only is that past the $100 billion threshold, it’s greater than Tesla’s 2024 revenue of $97.7 billion.