Tesla

China’s EV Giants vs. Tesla: A Battle for Market Dominance

The global electric vehicle (EV) market is undergoing a seismic shift, with Chinese car manufacturing brands emerging as formidable competitors. Companies like BYD, NIO, Xpeng, and Li Auto have rapidly expanded their market presence, offering affordable, technologically advanced EVs that appeal to a broad consumer base. As these brands gain traction, questions arise about their impact on Tesla, the American EV giant that has long dominated the industry. Are Chinese manufacturers causing losses for Tesla, or is the competitive landscape

Declining Sales: Tesla’s China-Made EVs Reach New Lows

The world’s leading electric vehicle manufacturer is struggling against local competitors in the largest car market, as sales of its China-made vehicles hit record lows. On Wednesday, the company announced a subsidy for buyers of its Shanghai-produced Model 3 sedan—already one of the country’s priciest cars—in an effort to strengthen its position in the fiercely competitive market. This incentive marks the first move in what Tesla is calling its “Year of the Snake.” The American EV giant faces intense rivalry

Tesla Backs Legal Fight Against EU Tariffs on Chinese EVs

A U.S.-based company and Chinese manufacturers are locked in a legal dispute that could significantly impact the EV market. Their collaborative efforts reflect a shared opposition to the EU’s trade measures, which stem from the Commission’s findings that Chinese EV manufacturers benefit from substantial government subsidies, enabling them to compete unfairly in the European market. If these challenges succeed, they could reduce profits and competitiveness in the European EV sector, potentially hindering progress toward ambitious climate targets. Industry insiders told

Tesla Leads Global Market Value Growth in November Rally

In November, Tesla saw the largest increase in market capitalization among leading global companies, driven by optimism surrounding CEO Elon Musk’s close relationship with U.S. President-elect Donald Trump. Reports suggest Trump plans to relax regulations on self-driving cars, fueling expectations of growth for the automaker. Tesla’s stock surged 5% during Monday afternoon trading, pushing its valuation past the $1 trillion mark. This milestone reflects growing investor confidence in the accelerated deployment of Tesla’s fully autonomous vehicle technology. The electric vehicle

Tesla’s Promising EV Growth Forecast Calms Investor Worries, Driving Stock Up 12%

Shares in electric vehicle maker Tesla opened a new tab that jumped nearly 12% before the bell on Thursday after it forecasted surging car sales growth and reassured investors that CEO Elon Musk was still looking to expand the core business of selling electric vehicles. The gains set the world’s most valuable automaker on course to add around $81 billion to its market capitalization if they hold when trading resumes. That would more than wipe out almost all of the

Robotaxi Gamble in Focus as Elon Musk Prepares for Tesla Results

On Wednesday, investors and analysts will have the opportunity to question CEO Elon Musk about his robotaxi ambitions as Tesla announces its quarterly results. The automaker is expected to report a decline in third-quarter profits, impacted by significant incentives aimed at attracting electric vehicle buyers. However, much of the focus will likely be on Tesla’s long-term prospects, including the long-awaited robotaxi initiative and the company’s emerging AI ventures, such as the newly established X division. The unveiling of a self-driving

Tesla’s China Price War Strategy: New Incentives Revealed

Tesla introduced fresh incentives on Friday, including insurance subsidies, to attract consumers in the largest auto market globally. In this extended price battle against established competitors like China’s BYD, the U.S. electric vehicle giant aims to strengthen its position. According to Tesla’s Weibo post, buyers acquiring current stocks of the rear-wheel-drive Model 3 sedan and the recently released Model Y SUV before the end of March could receive incentives totaling up to 34,600 yuan ($4,807.76). The company also resumed its

Tesla’s China-Made Model 3 Gets Longer Range, New Features

Tesla (TSLA.O) on Friday unveiled a restyled Model 3 with a more extended driving range in China and other markets, including Europe, the Middle East, Australia, and Japan. The refreshed Model 3, dubbed ‘Project Highland,’ also boasts more aerodynamic improvements. Its starting price is 12% higher than the previous, base rear-wheel drive model, reversing a trend toward price cuts, which had sparked concerns about the company’s financial health and price wars with rivals. The refreshed Model 3 boasts a 310-mile