Etiqueta: Robotaxi

Tesla's sales in Europe and the UK have plummeted by nearly half, according to a report by tech news outletTechCrunch on Tuesday. The European Automobile Manufacturers Association (ACEA) revealed that Tesla sold just 7,261 vehicles in the European Union (EU), European Free Trade Association (EFTA), and the UK in April, marking a steep 49% decline c...

Shares of Tesla Inc. (NASDAQ: TSLA) might be in for a rough week, according to fund manager Gary Black, following the announcement of steep discounts by the company's Chinese rival.

Tesla has topped an early entry while BYD stock is near a base buy point. BYD growth is booming while TSLA investors bet on robotaxis.

Once seen as a producer of clumsy knock-offs, Chinese carmakers have catapulted to the forefront of the growing global EV industry.

Tesla may have started the race, but BYD is setting the pace. Does this Chinese EV giant now hold an upper hand in this high-stakes race for electric dominance?

Counterpoint’s insights were shared by the market researcher on its official website.

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Tesla's EV deliveries fell 13% to 336,700 vehicles over Q1 of last year, far fewer than arch-rival BYD, as CEO Elon Musk's crisis deepens.