Tesla Sales Drop for First Time in Over a Decade While China’s BYD Rises
There does not appear to be an obvious savior on the horizon for Tesla, either. The Cybertruck remains the company’s most identifiable vehicle thanks to its futuristic dumpster vibe, but the company shipped fewer than 50,000 units in 2024 and it seems like the demand for the truck is flattening out or declining.
Tesla sales stall as China's BYD closes in
Chinese car maker BYD saw sales jump at the end of last year, leaving it closer to claiming the title of the world's best-selling electric vehicle (EV) maker of 2024. The company says it sold 207,734 EVs in December, taking its annual total to 1.76 million, as subsidies and discounts helped attract customers.
Tesla, the longtime top EV maker in the world, is now No.2. Chinese automaker BYD produced roughly 4,500 more EVs than Tesla ...
A similar phenomenon has occurred in China, where local municipalities have implemented their own incentives for EVs. For ...
The facelifted Model Y is expected to feature many updates as seen in the Model 3, and introduce a new long-wheelbase version ...
Tesla will fix software in 77,650 China-made Model 3 and Model Y cars over safety hazards, China's market regulator said on ...
Tesla plans to deploy its first V4 Superchargers in China by 2025, enhancing charging speeds and supporting its upcoming Semi ...
Concerns rise over Tesla, Inc.'s stock price surge post-2024 election as sales stagnate and competition increases globally.
Thus, to keep its crown as the world's top seller of electric cars, Tesla needs to deliver over 400,000 cars in the final ...
Shares of the company fell about 4% Thursday, indicating investor worries over the challenges facing CEO Elon Musk.
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