As Tesla’s European sales plummet 36% in August, automakers warn EV market now on ‘continual downward trajectory’
The good news for Tesla is for once it didn't perform any worse than overall EV demand in Europe in August. The bad news is the market collapsed last month.
EU car sales at 3-year low in August, EV sales plunge 44%
New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged down by double-digit losses in major markets Germany, France and Italy and sliding electric vehicle (EV) sales,
Europe’s EV sales plunge has carmakers seeking EU relief
EV deliveries in the region’s biggest car market, Germany, fell 69% during August, fueling a 36% drop across the region.
European EV Sales Plummet 44% As Automakers Scramble For Solutions
The EV market in Europe is facing a “continual downward trajectory,” according to ACEA. In August, EV sales dropped 43.9%, while the overall market fell 18.3% year-on-year. Automakers seek a smoother transition to zero-emission mobility amid sluggish EV demand.
EU new car sales drop 18% in August, EV figures plummet 44% Y/Y
New car registrations in the European Union showed an 18% drop in August, witnessing declines in the four major markets of the region. Germany took the biggest hit with a drop of 27.8%, and France 24.
EU car industry calls for urgent action as EV new car sales tumble
The industry is calling for policymakers to help saying that, if nothing is done, the required transition will be costly not only to the carmakers but to the economy itself, as well as putting the EU's transition to zero-emission at risk.
Zeno emerges from stealth to crib Tesla’s master plan for Africa and beyond
Yet Michael Spencer thinks that the shift that’s occurring in places like the U.S., Europe, and China is just the beginning. ...
A Rate Cut Won’t Be Tesla’s Saving Grace
Higher interest rates have been proved to be a headwind for the auto industry at large, and Tesla is no exception.
Workers at Musk's Tesla, SpaceX and X donate to Harris while he backs Trump
Billionaire Elon Musk has endorsed Republican former President Donald Trump in the race for the White House, but employees at ...
Torque News12h
Help, My Tesla Is Losing Battery Charge Overnight - What Can I Do?
A Tesla owner sees that her Tesla's battery goes down by 1% overnight and wonders what she can do to avoid this. We'll ...
Tesla Superchargers are about to get a lot more crowded
General Motors is only the third company to get access to Tesla's vast Supercharger network since a flood of announcements ...
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Will Tesla Stock Split in 2024 After TSLA Bounces Back?
Tesla could theoretically do a 2-for-1 stock split at ~$200, bringing the shares back to $100 – a nice round number and ...
Stock movers after Fed rate cut: Tesla, Salesforce, Darden Restaurants, and more
A rate cut makes borrowing cheaper, which can boost company profits and consumer spending, leading to higher stock prices.
G.M. Electric Vehicles Gain Access to Tesla Chargers
After a delay of several months, General Motors said owners of its battery-powered models would now be able to use Tesla ...
GM offering adapters to help electric vehicle owners access Tesla chargers
General Motors is now offering adapters to help its electric vehicle owners access Tesla chargers. The automaker said ...
GM electric vehicles can now use Tesla Superchargers
GM says it’s ready to start selling power adapters compatible with Tesla, more than a year after it announced plans to adopt ...
Electrek3d
Tesla produces 100 millionth battery cell, here’s what it means
Tesla has announced that it produced its 100 millionth 4680 battery cell. Here’s what it means for its production ...
Tesla may help far-right secure victory in German state election
Discontent over Tesla's factory could help deliver the state of Brandenburg to the far-right AfD in elections on Sunday.