Tesla has launched its Design Studio in Turkey, indicating the start of sales in the country. To support the vehicles that will eventually drive around on Turkish roads, Tesla has also launched several Supercharger locations as well. Tesla has tried to enter the Turkish market for years, and since early last year, the automaker has made…
Tesla dominated the EV charging market in the first quarter of the year, placing more than five times the number of chargers compared to its nearest competitor. As EVs have become increasingly prolific over the past half-decade, the need for public charging infrastructure has grown parallel. And while the U.S. federal government has stepped in…
On Monday, a federal jury in San Francisco noted that Tesla must pay about $3.2 million to Owen Diaz, a former employee who won a racial harassment lawsuit against the electric vehicle manufacturer. This amount is significantly lower than the $15 million Diaz rejected last year in favor of a new trial. Back in 2021,…
The Tesla Model Y sextupled the closest EV competitor in sales in Denmark, dominating the country’s electric vehicle sector in March. Tesla’s all-electric crossover sold 3,203 units in March, industry data showed, while the closest competitor, the Peugeot 208 was sold 516 times. The Model 3, also from Tesla, was the third best-selling EV in…
Tesla’s growth over the past few years has been built on the back of the Model 3 sedan and the Model Y crossover. But for Tesla to reach its self-imposed target of 20 million vehicles per year by the end of the decade, the company needs to come up with a lower-priced car that could…
Data released today by the China Passenger Car Association (CPCA) revealed that Tesla China’s wholesale results were 88,869 units in March 2023. The number marks a 35.03% improvement from the 65,814 vehicles sold in the same month last year. Tesla China’s March results also represent a 19.44% increase from February 2023’s 74,402 vehicles. It should…
Tesla cut the prices of the Model Y and the Model 3 in Australia right after rolling out the Model Y Long Range down under. After releasing a stellar delivery and production report in the first quarter, Tesla rolled out the Model Y Long Range to two new markets: Japan and Australia. It isn’t stopping there,…
Tesla (NASDAQ:TSLA) analyst Dan Ives from Wedbush predicted that the company has room for more price cuts in the short term. During an interview, Ives explained Tesla’s current situation and its valuation. Dan Ives stated that Tesla had to ultimately “rip the band-aid off,” referring to the company’s price cuts. “I think that was the…
General Motors (GM) has reported its first-quarter sales results, as well as the number of EVs it sold as they look to electrify its offerings in the United States. GM has been working to rapidly increase the number of EV offerings it has in the United States, and as it cusps on delivering two potentially…
Volkswagen (VW) has revealed that it will not develop a new generation of gas-powered Golf hatchbacks. Despite the challenges faced by numerous European automakers over the past two years, including a massive invasion of Ukraine and an equally substantial computer chip shortage, VW remains dedicated to electrifying its lineup. Perhaps the most significant step in…