Etiqueta: Elon Musk

As Tesla sales fall in China, Musk says robots will save the company.

BYD's latest hidden project is not just looking at 10 gigafactories but 10 gigafactories in 1 and BYD's gigafactory is set to beat that of Tesla's.

Tesla is no longer the world’s top EV seller. A Chinese rival has surged ahead with futuristic cars, eye-watering sales, and global ambitions backed by billions in state support. Yet beneath the glossy image lie hidden debts, recalls, and growing international scrutiny.

Cheaper Chinese EVs grab record share in growing market

Europeans are pissed at Tesla and BYD is eating its lunch.

Tesla’s sales freefall in Europe continues. The American automaker’s sales declined by 40% in July, while BYD’s increased by 225%....

Tesla's troubles across the pond in Europe are worsening. Per the European Automobile Manufacturers' Association, Tesla EV registrations (a proxy for sales) in Europe fell to just 8,837 units in July, a 40.2% drop compared to a year ago. Meanwhile, overall EV registrations in the region, which includes the UK and the European Free Trade Association, rose 33.6% in July, with overall registrations up 5.9%.

Tesla sales plunged again in Europe in July as car buyers continued their migration to Chinese rival BYD.

The electric carmaker sold 40 per cent fewer cars year on year in July in Europe, the UK and Scandinavia