Tesla shares sink
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Tesla, EV and Profit
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In 2020, Tesla controlled nearly 80% of the U.S. market, based on data from Experian. By 2022, that was down to 65.4%, followed by 55% in 2023. This year, per Cox Automotive, that share continues to decline, hovering around 45% as of July 11.
Let's be honest: if any car company operating in America could produce a truly compelling, high-spec electric vehicle for well under $30,000, it's Tesla.
Elon Musk has finally confirmed that Tesla’s new ‘affordable’ electric car is just going to be the Model Y in a cheaper format. Musk has ended months of speculations and misinformation, which he partly created, about Tesla’s upcoming cheaper electric vehicle model.
ET with analyst reactions Shares of Tesla (NASDAQ:TSLA) are straddling the flatline in postmarket trading as the company’s second quarter results were not as bad as Wall Street expected and avoided a second consecutive top- and bottom-line miss with profits in-line with expectations.
The number of new Tesla Inc. vehicles registered in California fell once again as the company continued to lose ground in the largest US market for electric vehicles.
Tesla just flipped the switch on something wildly different. In the heart of West Hollywood, Elon Musk’s long-teased vision has finally come to life: a retro-futuristic diner where you can charge your EV,
4don MSN
Tesla unveiled its first-ever diner in Los Angeles, featuring 80 superchargers, two giant movie screens and roller skating servers.
Elon Musk warned of difficult times ahead for Tesla Inc. after one of the automaker’s worst quarters in over a decade.
Tesla may be the face of electric vehicles, but Chinese brands are offering decent looks, solid performance, and impressive range at budget prices.