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Tesla reported a 16% rise in first-quarter revenue on Wednesday, driven by higher vehicle deliveries, improved margins and expanding global demand, as the electric vehicle maker continued to invest in artificial intelligence and next-generation products.
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Chinese automaker BYD has officially overtaken Tesla to become the world’s biggest electric vehicle (EV) manufacturer, marking a major shift in the global EV market. This is the first time BYD has surpassed Tesla in annual EV sales, underscoring the growing dominance of Chinese manufacturers in the clean energy transition.
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Tesla has taken the automotive world by surprise by launching the new Model 3 Standard, its most affordable electric sedan yet.
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The global electric vehicle (EV) market is witnessing a dramatic shift as Chinese brands BYD and Xiaomi surpass Tesla in consumer preference, according to a new UBS survey.
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A massive fire broke out at a Tesla dealership on the outskirts of Rome early Monday, resulting in the destruction of at least 17 electric vehicles and causing significant damage to the facility, local authorities confirmed.
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Tesla China has revised the pricing of its Model Y lineup, increasing the cost of the Long Range variant while introducing attractive financing options for the entry-level Rear-Wheel Drive (RWD) model. This move reflects Tesla’s evolving strategy to balance demand and affordability in the Chinese market.
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Tesla is making a bold move in China by offering a one-month free trial of its highly anticipated Full Self-Driving (FSD) feature.
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Tesla has introduced the Model Y “Juniper” in China, showcasing a cutting-edge design influenced by the futuristic Cybertruck. This highly anticipated update to Tesla’s renowned electric SUV features numerous upgrades, with deliveries scheduled for March 2025.
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Tesla has unveiled the Model Y “Juniper” in China, introducing an innovative design inspired by the futuristic Cybertruck. This eagerly awaited update to Tesla’s popular electric SUV brings a range of enhancements, with deliveries set to begin in March 2025.
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In 2024, Tesla experienced its first global sales decline in over a decade, with a 1.1% drop in worldwide deliveries. However, the electric vehicle (EV) pioneer offset some of this slump by recording remarkable growth in China.
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