Tesla slashes price of its electric cars by up to £9,100 with immediate effect
1 year, 11 months ago

Tesla slashes price of its electric cars by up to £9,100 with immediate effect

Daily Mail  

Tesla has announced it has slashed the price of its electric cars in the UK with immediate effect, sparking outrage among existing customers - especially some of the 16,000 drivers who took delivery of vehicles at the higher price just last month. Good news if you plan to buy a Tesla; bad news if you've recently taken delivery: The US brand has confirmed it has slashed the price of its Model 3 and Model Y with immediate effect Another told us they had picked up a new Model Y on 31 December and that same car today is going for £4,000 less. If you've recently taken delivery of a new Tesla at the higher prices, let us know your thoughts on today's cuts by emailing [email protected] Among the number of emails we received from disgruntled Tesla customers, one said his car was fast-tracked for delivery much sooner than he had originally been told, with the Model Y - ordered in September - delivered on 23 December, some two months earlier than he had been told it would be received. Demonstrators slammed the sudden discounts of the Tesla Model Y and Model 3, claiming they had missed out on the price cuts Price cuts will be celebrated by potential buyers but they've enraged existing customers While the price cuts are good news for buyers looking to order a Tesla from today, it will irk customers who have placed orders ahead of Friday 13 January and especially those who bought the brand's electric cars in the last few months. UNITED STATES Tesla's US price cuts on its global top-sellers the Model 3 sedan and Model Y crossover SUV, were between 6 per cent and 20 per cent, Reuters calculations showed.

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History of this topic

Tesla Roadster: Release date, price and all you need to know about the 2026 EV
5 days, 19 hours ago

Tesla Roadster: Release date, price and all you need to know about the 2026 EV

The Independent  

Whatever happened to the second-generation Tesla Roadster? A successor to Tesla’s first ever car, also called the Roadster and launched in 2008, company boss Elon Musk said the new Roadster would arrive in 2020. Tesla Roadster release date open image in gallery The car is now expected to arrive with customers in 2026 At the 2017 reveal, a 2020 release …

Tesla’s global vehicle deliveries fell in 2024 for the first time in years
Top News
6 days, 16 hours ago

Tesla’s global vehicle deliveries fell in 2024 for the first time in years

Live Mint  

Tesla’s global vehicle deliveries fell in 2024 for the first time in more than a decade, after a surge of promotional deals in the fourth quarter failed to stimulate sales enough to top the prior-year results. The result—a quarterly record—was up about 2% from a year earlier, but it fell short of the roughly 515,000 vehicles it needed to sell …

Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
6 days, 17 hours ago

Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years

Associated Press  

DETROIT — Tesla posted its first annual sales drop in more than a dozen years Thursday, undercutting a stock that has soared since Donald Trump’s victory on optimism Elon Musk’s close relationship to the president-elect will help the company. “And the first part of this grand strategic vision has taken shape.” The fourth-quarter sales, while a record for Tesla, show …

Tesla posts its first-ever annual sales drop
1 week ago

Tesla posts its first-ever annual sales drop

CNN  

New York CNN — Tesla reported the first full-year drop in sales in its history as a public company Thursday, as increased competition and slowing demand for electric vehicles hit its results. Tesla’s full-year sales of 1.8 million vehicles nonetheless edged out BYD’s annual EV total by 24,000, to retain the title of world’s largest EV maker. Tesla at one …

Tesla’s annual sales fall for first time in company history
1 week ago

Tesla’s annual sales fall for first time in company history

LA Times  

Tesla sales declined for the first time in the company’s history last year, the company reported Thursday, reflecting what analysts said was a lack of new models in an increasingly competitive market for electric vehicles. Given the company’s commanding lead in electric vehicle market share, slow or no growth at Tesla adds another challenge to California Gov. Tesla, once a …

Tesla reports sales drop for 2024, first annual decline in at least 9 years
1 week ago

Tesla reports sales drop for 2024, first annual decline in at least 9 years

LA Times  

Tesla’s global annual sales fell for the first time in at least nine years in 2024. Tesla’s global annual sales fell for the first time in at least nine years, with a 2.3% increase in the final quarter not enough to overcome a sluggish start to 2024 despite offers of 0% financing, free charging and low-priced leases. Analysts polled by …

End of tax incentive results in cheap second hand Tesla’s being sold
1 week, 3 days ago

End of tax incentive results in cheap second hand Tesla’s being sold

NL Times  

A surge in the supply of second-hand electric cars has led to a significant drop in prices for many vehicles, particularly Teslas, which are now hitting the second-hand market after being leased. Rico Luman, a car market analyst for ING, said the price drop has made electric cars, including Teslas, more attractive to buyers. Still, many second-hand Teslas, particularly the …

Tesla Model Q: Release date, price and latest rumours about the 2025 EV
2 weeks, 1 day ago

Tesla Model Q: Release date, price and latest rumours about the 2025 EV

The Independent  

A truly small and affordable Tesla – cheaper even than the best-selling Model 3 – has been the automotive industry’s great will-they-won’t-they for years now. Attended by Travis Axelrod, Tesla’s head of Investor Relations, the late-2024 meeting was described as the bank’s Autonomous Driving Day, and referred to a new Tesla called Model Q. Tesla Model Q price A potential …

Tesla Model Y review: A spacious electric alternative to the Model 3 now with seven seats
2 weeks, 2 days ago

Tesla Model Y review: A spacious electric alternative to the Model 3 now with seven seats

The Independent  

The Tesla Model Y may be about to be replaced by a new model codenamed Tesla Model Y Juniper, but for now if you need more space and a larger boot than the Model 3, then Tesla’s Model Y is the car for you. The Model Y doesn’t ride as smoothly as its close relative, we’d recommend a test drive …

How much will the 10 most popular new cars cost to tax next year thanks to Labour changes?
3 weeks, 1 day ago

How much will the 10 most popular new cars cost to tax next year thanks to Labour changes?

Daily Mail  

Car tax changes introduced in April will see the cost of first-year Vehicle Excise Duty for all new petrol and diesel models double, stinging the most polluting cars with an annual charge as high as £5,490. INCREASE IN VED FIRST-YEAR 'SHOWROOM TAX' RATES FOR NEW CARS FROM 1 APRIL 2025 CO2 Petrol & diesel cars now Petrol & diesel cars …

Used Tesla Model 3 review: The reality of driving a pre-owned electric car
1 month ago

Used Tesla Model 3 review: The reality of driving a pre-owned electric car

The Independent  

The Tesla Model 3 and Model Y have consistently ranked among the best-selling cars in the UK for years. Tesla Model 3 : From around £18,000, Tesla.com open image in gallery Our certified pre-owned Tesla Model 3 arrived in pristine condition Year: 2021 2021 Mileage: 24,000 24,000 Price when new in 2021: £49,990 £49,990 Price used in November 2024: £28,400 …

Tesla Model Y Juniper 2025: release date, price and what we know so far
1 month ago

Tesla Model Y Juniper 2025: release date, price and what we know so far

The Independent  

The Tesla Model Y was the world’s best-selling car last year, and an all-new model is going to be unveiled to the world very soon. A standard rear-drive Model 3 costs £5,000 less than its Long Range Rear-Drive cousin, so allowing for a slight increase, we wouldn’t be surprised if a new standard Rear-Drive Model Y doesn’t kick off the …

The withering dream of a cheap American electric car
1 month, 3 weeks ago

The withering dream of a cheap American electric car

Live Mint  

The dream of a $25,000 electric vehicle for U.S. drivers is in trouble. Musk isn’t alone in taking a sour view of making a cheap EV for the U.S. “That market sucks,” Peter Rawlinson, chief executive of Lucid Motors, told me and my colleague Christopher Mims for our new podcast, called “Bold Names.” Lucid which has begun taking orders for …

The 10 best Tesla alternatives: Our favourite rivals to Elon Musk’s EVs
2 months ago

The 10 best Tesla alternatives: Our favourite rivals to Elon Musk’s EVs

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. BYD Seal open image in gallery BYD Seal Pros: …

New Tesla Model 3 gets EV range boost to over 400 miles
2 months, 2 weeks ago

New Tesla Model 3 gets EV range boost to over 400 miles

The Independent  

Hot on the heels of the longest-range Model Y ever announced last week, Tesla has announced a new Model 3 with the longest range ever for a Model 3 – a claimed maximum of 436 miles. As predicted in our story on the new 373-mile Long Range Rear-Wheel Drive Model Y, the new Model 3 drops the all-wheel drive of …

Tesla Model Y review: A spacious electric alternative to the Model 3
2 months, 3 weeks ago

Tesla Model Y review: A spacious electric alternative to the Model 3

The Independent  

If you need more space and a larger boot than the Model 3, then Tesla’s Model Y is the car for you. Tesla Model Y: From £44,990, Tesla.com open image in gallery The Model Y’s interior is vast, with masses of space for all five occupants Independent rating: 8/10 Pros: Good range and efficiency, excellent charging infrastructure, spacious boot Good …

Tesla suffers first drop in UK sales since 2013
2 months, 3 weeks ago

Tesla suffers first drop in UK sales since 2013

The Telegraph  

Tesla’s UK revenues have fallen for the first time in more than a decade as Elon Musk’s electric car company grapples with a slowdown in demand. The drop in sales brings the company’s recent momentum to a halt in the UK, where it has enjoyed constant sales growth since 2013. Mr Musk’s business is also facing questions about its ageing …

Best new electric cars: 17 EVs to look forward to in 2025 and beyond
3 months, 1 week ago

Best new electric cars: 17 EVs to look forward to in 2025 and beyond

The Independent  

There are already over 100 models of electric car available to buy in the UK, and that number is going up all the time. Alfa Romeo Junior open image in gallery The Alfa Romeo Junior is an all-electric family hatchback to cost from around £33,000 Expected price: From £33,895 From £33,895 Launch date: Second half of 2024 Alfa’s first electric …

Seven in ten electric vehicles will be stung with the additional £410-a-year 'luxury car' premium tax when VED exemption ends next year
5 months, 2 weeks ago

Seven in ten electric vehicles will be stung with the additional £410-a-year 'luxury car' premium tax when VED exemption ends next year

Daily Mail  

The end of electric vehicle car tax exemptions from next year could kill off demand for greener cars in Britain, a new report is warning. Auto Express said it will 'create further cost barriers' preventing the switch to battery cars In the Autumn Budget of 2022, former Chancellor Jeremy Hunt announced that electric cars will no longer be exempt from …

Tesla shares rally over 10% as quarterly deliveries beat estimates
6 months ago

Tesla shares rally over 10% as quarterly deliveries beat estimates

Hindustan Times  

Tesla's global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company's products and electric vehicles overall. For the first half of the year, Tesla sold 830,766 electric vehicles worldwide, handily beating China's BYD, which sold 726,153 EVs. Tesla also sold over 33,000 more vehicles during the second …

Tesla sales fall in Q2 despite price cuts
6 months ago

Tesla sales fall in Q2 despite price cuts

Associated Press  

DETROIT — Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products and electric vehicles overall. AP AUDIO: Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected AP correspondent Tom Krisher reports Tesla sale numbers may be …

Tesla reclaims lead in electric vehicle sales despite year-on-year dip
7 months, 3 weeks ago

Tesla reclaims lead in electric vehicle sales despite year-on-year dip

India TV News  

Tesla, led by Elon Musk reportedly regained the top position in BEV sales in the first quarter of 2024, despite a 9 per cent decline. A new report showed on Monday that Tesla will take the top spot in BEV sales with a 19 per cent market share in Q1. According to Counterpoint Research, among the top three OEMs, only …

Tesla cuts prices amid global challenges
8 months, 2 weeks ago

Tesla cuts prices amid global challenges

China Daily  

This file photo taken on Jan 12, 2018, shows a Tesla logo seen in Los Angeles, California, the US. The world's largest EV maker by volume, which is owned by the technology billionaire Elon Musk, said it would reduce prices in all of its major markets, which include the US, Germany, and China. The Chinese smartphone maker Xiaomi has also …

Tesla cuts prices globally after Cybertruck recall and stock downturn
8 months, 2 weeks ago

Tesla cuts prices globally after Cybertruck recall and stock downturn

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The price reduction came after Tesla’s stock dropped below $150 per share on Friday and wiped out …

Tesla cuts the price of its “Full Self Driving” system by a third to $8,000
8 months, 2 weeks ago

Tesla cuts the price of its “Full Self Driving” system by a third to $8,000

Associated Press  

NEW YORK — Tesla knocked roughly a third off the price of its “Full Self Driving” system — which can’t drive itself and so drivers must remain alert and be ready to intervene — to $8,000 from $12,000, according to the company website. The cuts, which occurred on Saturday, follow Tesla’s moves to slash $2,000 off the prices of three …

Tesla cuts China, US prices after slow sales, rising inventories
8 months, 2 weeks ago

Tesla cuts China, US prices after slow sales, rising inventories

Hindustan Times  

Elon Musk-led Tesla has slashed prices in China and the United States following a disappointing first quarter sales that led to a swelling inventory. In the United States, the cheapest version of Tesla's Model Y is priced at $42,990 Recently, Elon Musk in a memo to 1.40 lakh company employees announced that he was reducing workforce by more than 10 …

Tesla knocks $2,000 off prices for 3 EVs after shares crash 39% YTD on falling sales
8 months, 2 weeks ago

Tesla knocks $2,000 off prices for 3 EVs after shares crash 39% YTD on falling sales

Live Mint  

Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla's most popular model and the top-selling electric vehicle in the US, and …

Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
8 months, 2 weeks ago

Tesla cuts US prices for 3 of its electric vehicle models after a difficult week

Associated Press  

Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric vehicle in the U.S., and …

Tesla shares tumble below $150 per share, giving up all gains made over the past year
8 months, 3 weeks ago

Tesla shares tumble below $150 per share, giving up all gains made over the past year

Associated Press  

Tesla’s stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers. Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers. Dan Ives, …

Tesla share price falls 37% in 2024 as Elon Musk’s EV maker suffers demand slowdown; market value drops below $500 bn
8 months, 3 weeks ago

Tesla share price falls 37% in 2024 as Elon Musk’s EV maker suffers demand slowdown; market value drops below $500 bn

Live Mint  

Tesla share price extended fall for 2024, pushing its market valuation briefly below $500 billion amid a round of job cuts this week underscoring that the company’s growth has slowed. Tesla shares have not closed with a market value under $500 billion since late April last year and stayed narrowly above the mark as of Tuesday’s close, Bloomberg News reported. …

Is the global EV bubble bursting? As global demand starts to slow, share prices tank and Tesla cuts 10% of the workforce....are car giants ready to slam the brakes on electric revolution?
8 months, 3 weeks ago

Is the global EV bubble bursting? As global demand starts to slow, share prices tank and Tesla cuts 10% of the workforce....are car giants ready to slam the brakes on electric revolution?

Daily Mail  

Elon Musk's announcement that Tesla will lay off ten percent of its workforce shocked many but it may be inline with figures that suggest the global demand for electronic vehicles is slumping across the world. In the first quarter of 2024, the two biggest manufacturers of electronic vehicles, Tesla and its Chinese rival BYD reported dramatic sales drops compared against …

Tesla to unveil robotaxi on August 8, budget EV not cancelled, says Elon Musk
9 months ago

Tesla to unveil robotaxi on August 8, budget EV not cancelled, says Elon Musk

Firstpost  

Amid reports that Tesla would cancel their $25,000 budget programme, Elon Musk has come out and announced that not only are they not cancelling the budget EV, they are also planning to launch a robot taxi by 2025 Tesla CEO Elon Musk has announced plans to introduce a robotaxi on August 8th, shortly after a Reuters report revealed the company’s …

Tesla slams into reverse as sales fall for first time in four years: £20bn wiped off value of electric car firm
9 months ago

Tesla slams into reverse as sales fall for first time in four years: £20bn wiped off value of electric car firm

Daily Mail  

More than £20billion was wiped off the value of Tesla last night after it reported the first fall in car sales for four years. Darker days: Tesla boss Elon Musk has seen the electric car maker's first slump in sales in four years Tesla shares fell more than 5 per cent, wiping £22billion off the value of the company. BYD, …

Tesla sales fall short of estimates in first drop since 2020
9 months, 1 week ago

Tesla sales fall short of estimates in first drop since 2020

LA Times  

Tesla sales fell short of estimates in the first three months of this year. Tesla Inc. suffered its first year-over-year sales drop since the early days of the COVID-19 pandemic. Wall Street had rapidly lowered projections for the Austin-based company’s deliveries as the first quarter came to a close, including some analysts who correctly predicted that the tally would come …

In a first, Tata Motors cuts its EV car prices
10 months, 3 weeks ago

In a first, Tata Motors cuts its EV car prices

The Hindu  

The market leader in electric passenger vehicles, Tata Motors, has slashed prices for two of its electric vehicle cars by up to ₹1.2 lakh in a first such cut by a car maker in India. Tata Passenger Electric Mobility Ltd. attributed the decision to the reduction in raw material cost. With battery cell prices having softened and considering their potential …

Tesla sold only one car in South Korea last month, issues with EVs made in China to blame
11 months ago

Tesla sold only one car in South Korea last month, issues with EVs made in China to blame

Firstpost  

Tesla has encountered a massive setback in South Korea’s electric vehicle market as it managed to sell just one vehicle, a Model Y SUV, in January. Several factors have contributed to the sluggish demand for EVs in South Korea, including rising interest rates and inflation, which have prompted consumers to tighten their spending. Seasonal fluctuations in demand also play a …

Tesla loses over $82 billion, stock plunges 12% in a single day after ‘disastrous’ earnings call
11 months, 2 weeks ago

Tesla loses over $82 billion, stock plunges 12% in a single day after ‘disastrous’ earnings call

Firstpost  

The stock value of Tesla saw a significant dip of just over 12% on Thursday following remarks by CEO Elon Musk highlighting the challenges posed by Chinese electric-car manufacturers, whom he referred to as “the most competitive car companies in the world.” During Tesla’s earnings call on Wednesday, Musk praised Chinese carmakers such as BYD, Geely, and SAIC, emphasizing their …

Tesla hit by first ever drop in annual profits amid electric car price war
11 months, 2 weeks ago

Tesla hit by first ever drop in annual profits amid electric car price war

The Telegraph  

Tesla has recorded its first ever drop in annual profits as it suffers the effects of an electric vehicle price war orchestrated by its chief executive, Elon Musk. It caps a challenging year for Tesla and Mr Musk, in which the company has been overtaken as the world’s best-selling electric car manufacturer by China’s BYD and its chief executive has …

Tesla slashes prices in China, struggling to keep a competitive edge in luxury EVs segment in booming market
11 months, 3 weeks ago

Tesla slashes prices in China, struggling to keep a competitive edge in luxury EVs segment in booming market

Firstpost  

Tesla has implemented price cuts of up to 6 per cent on its Shanghai-manufactured vehicles as it seeks to maintain its dominant position in the premium segment of the world’s largest electric vehicle market. These adjustments follow Tesla’s month-on-month sales growth of 15.7 per cent to 75,805 units in mainland China in December, according to data from the China Passenger …

'EVs are £700 a year cheaper to keep on the road than petrol cars', green think tank says
1 year ago

'EVs are £700 a year cheaper to keep on the road than petrol cars', green think tank says

Daily Mail  

Owning an electric vehicle instead of a petrol car could save drivers around £10,000 over a decade and a half, according to a green think tank. Switching to electric could save owners up to £700 a year compared to driving a petrol car, a green think tank has estimated: Pictured, an electric Hyundai Ioniq5 While the upfront cost of new …

Price cuts boost Tesla’s 4Q sales, beating estimates as electric vehicle growth rate slows
1 year ago

Price cuts boost Tesla’s 4Q sales, beating estimates as electric vehicle growth rate slows

Associated Press  

DETROIT — Steep price cuts helped electric vehicle maker Tesla Inc. increase its fourth-quarter vehicle sales by almost 20% as EV sales growth slowed across the industry. Full-year sales numbers fell far short of CEO Elon Musk’s prediction of 50% sales growth in most years. Industry analysts expect the price cuts to trim Tesla’s profit margins when it reports earnings …

Tesla loses crown as world’s favourite electric car maker
1 year ago

Tesla loses crown as world’s favourite electric car maker

The Telegraph  

BYD, which has pledged to “demolish” Western incumbents, has recently expanded beyond China by selling cars in the UK and Europe. The company had already overtaken Tesla in total sales, which include plug-in hybrid cars. Tesla’s delivery numbers last year were only slightly higher than market expectations of around 483,200 cars. Tesla has embarked on a price war to boost …

Tesla to revamp Model Y SUV as early as next year
1 year ago

Tesla to revamp Model Y SUV as early as next year

Live Mint  

-- Tesla Inc. is preparing to roll out a revamped version of its smash hit Model Y from its Shanghai plant, according to people familiar with the matter, as domestic rivals accelerate product launches amid heated competition. The US electric carmaker is currently conducting preparation work in China for its refreshed Model Y sport utility vehicle and mass production may …

India to be first non-European market for Tesla's proposed ‘most affordable car’: Report
1 year, 1 month ago

India to be first non-European market for Tesla's proposed ‘most affordable car’: Report

Hindustan Times  

According to a report, India will be the second market and first non-European destination for a proposed 2-door electric car from Elon Musk's Tesla, with the model also being the largest EV manufacturer's ‘most affordable’ vehicle. “While Tesla has earmarked its German facility for this most affordable car, it expects sizable volumes of this model from the Indian market. Meanwhile, …

Elon Musk-led Tesla to launch its cheapest EV in Germany, followed by India, to cost 25,000 Euros
1 year, 1 month ago

Elon Musk-led Tesla to launch its cheapest EV in Germany, followed by India, to cost 25,000 Euros

Firstpost  

Elon Musk’s Tesla is set to launch its cheapest EV soon. Tesla is also set to start importing its EV in India soon Elon Musk’s EV company Tesla is set to introduce its most affordable model, priced at 25,000 Euros, as a two-door car in Germany, as per a report by Moneycontrol. While specific details about the models intended for …

Tesla to recall 54,676 Model X cars as vehicle controller may fail to detect low brake fluid
1 year, 2 months ago

Tesla to recall 54,676 Model X cars as vehicle controller may fail to detect low brake fluid

Live Mint  

Automaker Tesla will recall 54,676 Model X vehicles manufactured between 2021-2023, as the vehicle controller is likely to fail to detect low brake fluid and not display a warning light, said the US auto regulator on Tuesday. In August, NHTSA had opened a probe into 280,000 new Tesla Model 3 and Model Y vehicles over reports of loss of steering …

Tesla prices now rival average U.S. cars after billions in cuts
1 year, 3 months ago

Tesla prices now rival average U.S. cars after billions in cuts

LA Times  

Some see Tesla’s price cuts as the cost of propping up demand after Chief Executive Officer Elon Musk’s acquisition of Twitter — now X Corp. — and his increasing engagement with right-wing politics. Black has used his widely followed social media account on X, formerly known as Twitter, to advocate for Tesla to spend money on traditional advertising campaigns rather …

Strong demand drives US new vehicle sales higher in the first half of the year
1 year, 6 months ago

Strong demand drives US new vehicle sales higher in the first half of the year

Associated Press  

Demand for new SUVs, trucks and cars in the U.S. picked up steam in the second quarter, but the stronger sales kept prices high for consumers. Electric vehicle sales continued to rise during the first half of the year to more than 557,000 vehicles, or 7.2% of all new vehicle sales. In all of last year, consumers bought just over …

Tesla shares accelerate toward $300 on spike in deliveries and charging deal with major automakers
1 year, 6 months ago

Tesla shares accelerate toward $300 on spike in deliveries and charging deal with major automakers

Associated Press  

Tesla is roaring back from a dismal 2022 as company shares, which have already doubled this year, were driven higher Monday by a spike in second-quarter deliveries. Shares jumped 7% to a new high for 2023 after the electric car maker said its deliveries in the most recent quarter rose 83% compared with the same period last year. Shares were …

Tesla sales jump 83% from a year ago as tax credits, broader adoption drive sales
1 year, 6 months ago

Tesla sales jump 83% from a year ago as tax credits, broader adoption drive sales

Associated Press  

DETROIT — Tesla’s second-quarter deliveries rose 83% from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of U.S. government tax credits. But the price cuts, both for special orders and on existing inventory, raised questions from analysts who expect the cuts to reduce Tesla’s profit margins when it …

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