BYD outsells Tesla in Europe
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Multiple signs from the last two quarters indicate that sales of Tesla vehicles are declining more sharply than ever. The company is struggling to sell the
Motointegrator and DataPulse Research present a data-driven study that explores how Elon Musk’s political profile may be fueling a growing consumer backlash—and what it means for Tesla’s future.
Elon Musk mischaracterized the state of Europe’s auto market this year when he said Tesla Inc. is seeing sales decline along with every other carmaker.Contrary to his assertion, five manufacturers that registered more new vehicles than Tesla did in the last four months posted sales increases.
What began as one of the most hyped vehicle launches in recent automotive history has now veered off course. Tesla’s Cybertruck, introduced in late 2023 after years of delays and shifting promises, is now grappling with severe commercial turbulence.
Declines mirror trends seen across the United States and in Europe as consumers express their dissatisfaction with Elon Musk role in government.
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Tesla is now pulling on all the demand levers in the US with new discounts and incentives as sales are crashing due to brand damage. Over the last few days, Tesla has introduced a series of new discounts and incentives in the US.
Chinese company BYD overtakes Tesla in European sales for the first time, with a 28% YoY increase in BEV demand.
After nearly six years at the EV manufacturer, Matthew LaBrot said he lost his "dream job" after demanding Musk cede the reins—a price the manager said he was willing to pay.
Tesla’s rollout of its robotaxi will usher in a “golden age of autonomous” and could send the EV maker’s beaten-down stock soaring by 40%, WedBush analyst Dan Ives predicted Friday.