Etiqueta: Tesla

Elon Musk faces a growing threat as Tesla slips and China's BYD surges in the heart of Europe

The EV Battery Companies Quadrant provides an in-depth analysis of the global EV battery market, highlighting leading companies and industry trends. With over 100 companies evaluated, the top 13, including industry giants like Contemporary Amperex Technology Co., Ltd. (CATL), BYD Company Ltd., and LG Energy Solution, have been named quadrant leaders. These firms are noted for their significant investments in R&D and strategic partnerships. As electric vehicle sales surge, driven by government in

Tesla faces sharp sales declines in Europe, with registrations dropping 60% in Britain and halving in Germany, amid aging models, Musk's polarizing image, and fierce competition. Chinese rival BYD surges ahead with affordable EVs, overtaking Tesla despite tariffs. This shift highlights the need for Tesla to innovate rapidly.

Tesla Inc. continues to post steep sales declines in Europe’s biggest electric vehicle markets, where the Elon Musk-led automaker is ceding significant share to China’s BYD Co.

Tesla sales continue to decline as rival BYD sees triple-digit percentage growth in the UK. Tesla's market share falls to less than 1%.

Carmaker’s vehicle registrations sink in July as board moves to refocus chief on reviving fortunes

China’s giant BYD sold 60,930 vehicles from July 28 to August 3, industry data shared on Chinese social media showed this Tuesday.

BYD (BYD) reported a drop in July deliveries. The Chinese electric vehicle maker ending a 16-month growth streak as competition heats up. Meanwhile Opendoor (OPEN) continues to climb with its results due and Figma (FIG) is starting to slide after an initially positive IPO.