Tag: Tesla

Tesla is ‘weaponising’ its profits as electric car battle heats up – report

Tesla has responded to increased competition in the electric-car segment by cutting into its large profit margins, sending ripples across the auto industry – and delivering customers big savings. View 2 images US electric-car

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Will Tesla’s Q4 results reflect its long-term investor optimism?

Tesla lost $675bn in market valuation in 2022, the worst year in its stock history. It was the same year the EV maker’s CEO acquired Twitter. However, the reasons for the decline ran

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Honda to create division to speed up EV development

TOKYO — Honda will create a new division in a bid to strengthen and speed up its electrification business as part of an overhaul of its organizational structure. The shake-up is part of

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2023 Tesla Model Y Performance one step closer to Australia – UPDATE

Deliveries of the high-performance electric SUV are expected to begin soon in New Zealand, and Australia is next on the list. View 3 images UPDATE, 24 January 2023: Within the past 24 hours, Australian

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Zero-emission vehicles made up nearly 19 percent of car sales in California last year

Electric, plug-in hybrid and fuel cell vehicles accounted for 18.8 percent of all new car sales in California this past year, according to data by the state’s Energy Commission (CEC). In 2022, California

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‘Wall Street wanted Tesla to die’: Elon Musk’s testimony in Tesla class action

Chief executive Elon Musk has begun his testimony in a class action brought against him by Tesla investors with a stunning attack on Wall Street, claiming “sharks” in the trading world wished his

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Elon Musk defends Twitter use in Tesla investors’ class action lawsuit over ‘funding secured’ tweet

Tesla chief executive Elon Musk has testified that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to

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Why EV prices are finally turning a corner

When Melbourne driver Adam Stewart bought a Tesla 18 months ago, he noticed a peculiarly Australian phenomenon. “It’s a funny thing, but people who own Teslas would know this – Tesla owners would

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How Tesla Beat BMW To Be The Best-Selling 2022 Luxury Car Brand In The US

The year 2022 has just come to an end, and the sales data tells us something important right away. In the last twelve months, the demand for luxury cars has grown, and brands

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Tesla is about to experience the seven perils of discounting

Source: Shutterstock Tesla is on sale. Fill your boots! Starting this week, you can save over five-grand on a Model 3, which drops from a starting price of £48,490 to £42,990. You can

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