Etiqueta: Elon Musk

Analysts expect car group to unveil string of technological breakthroughs to combat slowdown in growth

Tesla's sales in Europe continue to decline, with a 10.5% decrease in September. BYD's sales surged by almost 400%.

Ex-Stellantis chief Carlos Tavares says Tesla is overvalued, losing ground to BYD amid 2025 sales drops, model delays, and a contested $1T Musk pay package.

A sign of how customers in the region are increasingly warming to the Chinese auto giant’s lineup of electric and hybrid vehicles.| Business News

Tesla, once the EV leader, is losing market share in China, Europe, and the US due to fierce competition from BYD, Ford, and others, alongside regulatory hurdles and price wars. Internal issues like production delays and Elon Musk's divided focus compound financial woes. A strategic reset is essential for recovery.

Elon Musk-led Tesla Inc. (NASDAQ: TSLA) could face steep challenges in the coming decade, with the company's long-term survival uncertain, according to former Stellantis (NYSE: STLA) CEO Carlos Tavares.

For consumers, this shift could have ripple effects.

The auto industry has been buzzing this past week.

The value of the world’s best-selling EV maker has fallen by more than one-third over the past 12 months as rivals including BYD make gains.

General Motors, which led the way among U.S. automakers to convert its fleet to EVs, warned more hits may be ahead as it adjusts under a new administration.