Tag: tesla

From Underdog to Power Player: GM Dethrones Tesla in China

GM overtakes Tesla in China's EV market, securing third place as Tesla's share declines, signaling a shift in the global EV landscape.

Optimus Hits Pause—Musk’s Robot Revolution Runs Into a Chinese Firewall

Elon Musk reveals China's rare earth export restrictions are impacting Tesla's Optimus robot production, prompting collaboration to resolve the issue.

Tesla Accelerates Battery Innovation With Dry Electrode Tech Promising 30% Cost Cut

Tesla plans to implement a dry battery electrode process this year, potentially reducing costs by 30%, but commercialization remains uncertain.

The New Model Y Is Here—Sharper Looks, Smoother Ride, Same Tesla DNA

Tesla Korea launches the new Model Y with enhanced design and features, offering three variants and impressive range and efficiency.

BYD Becomes First EV Giant to Break $100B Revenue Mark

BYD surpasses $100 billion in annual revenue, overtaking Tesla as the first EV company to achieve this milestone.

17.6 Million EVs Sold Last Year With More Than 10 Million Units Sold in China

Global EV sales surged to 17.63 million in 2023, led by BYD in China, while Tesla faced declining sales amid market shifts.

Tesla Falls Short: South Korea EV See Massive Growth in U.S. Market

In the first half of this year, sales of EVs in the U.S. auto market showed a slight decline compared to the previous year.

Electrifying Alliance: Volkswagen and Rivian’s Multi-Billion Dollar Bet on EV Future

Renowned German automaker, Volkswagen, is struggling in the electric vehicle (EV) market. The company has decided to invest up to $5 billion in American...

Down Fall of Elon Musk? Stocks Slide Amid CEO Pay Controversy

As the re-vote for Tesla CEO Elon Musk's salary proposal approaches, Tesla's stock price has been plunging daily. This has led to speculation about...

Elon Musk Dances His Way to Victory at Tesla Shareholder Meeting!

WSJ reported that Tesla CEO Elon Musk celebrated his victory in a wage vote by dancing on the stage of the general meeting.

Tesla’s Stock Plunge Sparks Lawsuit Against CEO Elon Musk

Tesla shareholders have filed a lawsuit alleging insider trading when CEO Elon Musk sold more than $7.5 billion in stock by the end of 2022.

Tesla Ditches U.S. for China in Robotaxi Trials

According to China Daily, on May 8th, Tesla, an American company pursuing Fully Self-Driving (FSD) technology, plans to test its robotaxis in China. China...

Porsche Panamera Outshines BMW, Mercedes-Maybach, and Tesla

The Korean Automobile Journalists Association (KAJA) announced on May 8th that it has selected the third-generation model of Porsche Panamera as the Car of...

Tesla’s Big Bet: Building a $3 Billion Factory in India Amid Market Slowdown

Financial Times reported on the 3rd (local time) that Tesla, currently struggling with a slowdown in demand for electric vehicles, is planning to invest...