Tag: Tesla

Xpeng defies China’s EV price war with steady sales as Tesla and local rivals try to keep pace

Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug. 26, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car startup Xpeng is keeping up the sales momentum against its rivals, even as BYD expands on its market dominance amid a fierce price war… Continue reading Xpeng defies China’s EV price war with steady sales as Tesla and local rivals try to keep pace

Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries

Elon Musk, chief executive officer of Tesla Inc., during a meeting between US President Donald Trump and Cyril Ramaphosa, South Africa’s president, not pictured, in the Oval Office of the White House in Washington, DC, US, on Wednesday, May 21, 2025. Jim Lo Scalzo | Bloomberg | Getty Images Tesla shares have dropped 7% from… Continue reading Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries

German Manager Magazin: Tesla share with course rally: quarterly turnover drops, recovery in China004296

The deliveries of Tesla went back in the second quarter. They dropped by 13.5 percent to 384,122 vehicles, such as that of tech billionaire per year Elon Musk (53) guided electric car manufacturer announced. However, this had been largely expected: the middle assessment was only somewhat below the delivery number. In addition, the group increased… Continue reading German Manager Magazin: Tesla share with course rally: quarterly turnover drops, recovery in China004296

Tesla Gets Dismal Sales News After Disastrous Robotaxi Launch

Tesla has posted its second quarter delivery numbers — and they’re not looking good. As the New York Times reports, the company reported it had delivered just 384,000 vehicles between April and June, a massive drop from 444,000 vehicles over the same period last year. Meanwhile, CEO Elon Musk has focused his carmaker’s resources on… Continue reading Tesla Gets Dismal Sales News After Disastrous Robotaxi Launch

Tesla faces second straight year of falling sales after another bad quarter

Tesla delivered 384,122 vehicles in the second quarter of this year, wrapping up another weak quarter for the company as it struggles to bring the pace of sales back up to 2023 levels. That represents a 13.5% drop from the number of cars Tesla delivered in the second quarter of 2022, and it means Tesla… Continue reading Tesla faces second straight year of falling sales after another bad quarter

Rivian receives the next $1B from Volkswagen as sales struggles continue

Rivian has hit a milestone in its agreement with German automotive giant Volkswagen that will bring $1 billion into the EV startup’s coffers in the form of a share sale. Rivian also announced Wednesday that it delivered 10,661 vehicles in the second quarter. That represents a 23% drop in sales from the second quarter of… Continue reading Rivian receives the next $1B from Volkswagen as sales struggles continue

Tesla stock pops after Q2 vehicle production tops forecasts, deliveries fall 13% from year ago

Tesla stock (TSLA) climbed nearly 3% early Wednesday after the EV maker reported global electric vehicle deliveries that came in below Wall Street’s low projections but produced more cars than expected. Tesla said Wednesday it delivered 384,122 EVs in the second quarter, less than the 389,407 projected by Wall Street analysts tracked by Bloomberg consensus… Continue reading Tesla stock pops after Q2 vehicle production tops forecasts, deliveries fall 13% from year ago

This Week In Electric Vehicles – XPeng Soars With Record Deliveries And Global Expansion

In the electric vehicle sector, XPeng Inc. reported a substantial increase in its vehicle deliveries for June and the first half of 2025. The company delivered 34,611 smart electric vehicles in June, marking a 224% year-over-year growth and achieving over 30,000 units monthly for eight consecutive months. Additionally, XPeng set a new quarterly delivery record… Continue reading This Week In Electric Vehicles – XPeng Soars With Record Deliveries And Global Expansion