As if by magic, BYD (BYDDY -2.70%) has swiftly, smoothly, and soundly taken over China’s electric vehicle (EV) industry. It surpassed Tesla in 2024 to become the world’s largest EV manufacturer by sales, and the automaker isn’t pumping the brakes. For BYD’s next magic trick, it’s about to make a big push into Europe. But is… Continue reading Is It Time to Buy BYD Before Its Next Ambitious Move?
Tag: Tesla
Just in Time for Canada Day and the 4th of July, EF Go Ahead Tours and EF Adventures Launch Four New “Go Americas” Tours across Alaska, Arizona, Hawaii and the Canadian Rocky Mountains
EF Go Ahead’s new tour experiences in Alaska and Hawaii promise to help U.S. and Canadian travelers learn about and experience new cultures right here in our North American backyard EF Adventures is bringing its signature blend of active travel and cultural immersion closer to home with its first-ever North America hiking tours within the… Continue reading Just in Time for Canada Day and the 4th of July, EF Go Ahead Tours and EF Adventures Launch Four New “Go Americas” Tours across Alaska, Arizona, Hawaii and the Canadian Rocky Mountains
Cybercab: Tesla robotaxi service encounters numerous problems
Tesla’s driverless robotaxi service started at the weekend in Austin, Texas. The numerous test users have documented bankruptcy, bad luck and breakdowns. ((Cybercab,, Electric car))) Go to source
Tesla’s European car sales nosedive for fifth month as customers switch to Chinese EVs
A photo shows an electric car connected to a Tesla charging station (Tesla Supercharger) in Chasse-sur-Rhone, central France, on June 6, 2025. Alex Martin | Afp | Getty Images Tesla new car sales in Europe fell for a fifth straight month in May, according to data from the European Automobile Manufacturers Association, or ACEA, as… Continue reading Tesla’s European car sales nosedive for fifth month as customers switch to Chinese EVs
German FAZ: Tesla sold 40 percent fewer cars in the EU in May than before 009524
The car market in the European Union grew in May the second month in a row. The new registrations have increased by 1.6 percent to 926,582 cars in the year, the European manufacturer Association ACEA in Brussels said. After a weak start to the year, a decrease of 0.6 percent is still available for the… Continue reading German FAZ: Tesla sold 40 percent fewer cars in the EU in May than before 009524
Tesla Stock in Tailspin After Error-Plagued Robotaxi Debut
Things are veering way off the road for Tesla. In the wake of the long-awaited Robotaxi rollout in Austin, Tesla stock saw an initial bump — but those gains weren’t able to withstand the ample bad press the autonomous cabs have gotten in the few days they’ve trawled Texas streets. On Tuesday, the botched Robotaxi… Continue reading Tesla Stock in Tailspin After Error-Plagued Robotaxi Debut
EACON Mining Technology Raises Over US$55 Million.
BEIJING, June 25, 2025 /CNW/ — EACON Mining Technology Co Ltd secured over US$55M in Series D funding to accelerate global expansion, with a focus on strengthening operations in the Australian market. The round was led by CATL through its investment arm CATL Capital, the world’s largest EV battery manufacturer and a major supplier to Tesla,… Continue reading EACON Mining Technology Raises Over US$55 Million.
Chinese Automakers Speed Past Tesla in Europe; Stock Drops
The vacuum is being filled by BYD, SAIC and other Chinese automakers. The U.S. electric-vehicle pioneer was the worst-performing major manufacturer in Europe through May, according to sales data released Wednesday. The fastest-growing manufacturer listed by ACEA, a local association of car manufacturers, was China’s SAIC. Go to Source
China marks new export cars as ’used’ to inflate sales, Reuters investigation says
Investing.com — China’s automotive industry has been artificially boosting sales figures through a government-supported grey market that registers new vehicles as “used” for export purposes, according to a Reuters investigation published on Tuesday. These “zero-mileage” cars, which have never been driven, are reportedly being shipped to markets including Russia, Central Asia and the Middle East… Continue reading China marks new export cars as ’used’ to inflate sales, Reuters investigation says
Tesla stock slides as European sales in May drop for fifth straight month
Tesla’s (TSLA) recent high-profile robotaxi test in Austin, Texas, comes as more negative data emerges in its core auto business, with the company’s stock dropping in the process. Per the European Automobile Manufacturers Association (ACEA), Tesla EV registrations (a proxy for sales) in Europe fell 27.9% to 13,863 in May compared to a year ago.… Continue reading Tesla stock slides as European sales in May drop for fifth straight month