Tag:

Tesla

Tesla to receive reduced tariffs on China-built EV cars exported to EU

Tesla is poised to benefit from a reduced tariff on its China-manufactured electric vehicles exported to the European Union (EU), following revisions by the...

Tesla posts 2% drop in sales to $25.5 bn due to poor EV demand for its electric vehicles

Tesla announced revenue of $25.50 billion for the second quarter of 2024, marking a 2 percent decline due to poor demand for its electric...

Tesla Commits Over $500 mn to Expand Supercharger Network

Elon Musk, the CEO of Tesla, announced on Friday that the company is set to invest more than $500 million in its Supercharger network...

Tesla Slashes Prices Globally Amidst Declining Sales and Intensifying EV Competition

In a strategic move to address dwindling sales and combat the escalating price war within the electric vehicle (EV) industry, Tesla has announced significant...

Tesla plans to cut 14,000 jobs as EV market breaks down

Tesla, the leader in electric vehicles (EVs) market, is in the process of cutting more than 10 percent of its global workforce or 14,000 jobs,...

Tesla Quarterly Deliveries Decline as it Faces Mounting Pressure in China

Tesla has reported a notable decline in quarterly deliveries, marking its first drop in nearly four years, Reuters news report said. After experiencing robust sales...

Tesla Lost EV Leadership in Q4 to BYD

China-based BYD has surpassed Tesla as the top EV maker in Q4 though Tesla has delivered 494,989 electric vehicles from October to December, 2023,...

BP Pulse to Acquire Tesla Chargers in a $100 mn Deal to Boost US EV Charging Network

BP’s electric vehicle (EV) charging subsidiary, bp pulse, has unveiled a game-changing agreement with Tesla, where they will acquire ultra-fast charging hardware units from...