Elon Musk’s Tesla wrangled the crown of the world’s top EV seller away from China’s BYD this quarter, but it’s not taking any victory laps.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Investment firm Fidelity has once again cut the value of its Blue Chip Growth Fund’s position in Elon Musk’s X.
An insurance nonprofit found that claims about autonomous driving safety don’t measure up.
Persistent optimism about an economic soft landing has buoyed investors’ hopes about companies of all sizes.
Despite record highs, the region’s equities markets have fallen behind the US in star power, trading volume, and IPOs.
While everyone else looks to navigate a tepid market, Elon Musk plans to sell a $250,000 performance car next year.
The companies continue to lose massive amounts of money as consumers are turning to cheaper hybrids and traditional gas-powered vehicles.
Tesla and other self-driving car firms face both regulatory battles and public perception hurdles.
The lack of charging infrastructure in the US has hurt consumer sentiment towards EVs. Ford may be looking at ways to fix it.
Many American firms have taken a long time to build sustainable markets in China. They can’t let a little slump get them down.
Several of the companies have pleased investors with their profit reports, and then there’s Tesla and Apple.
Production workers will get a wage increase that curiously follows a strong year for the autoworkers’ union.
Overseas sales of China-made cars hit a record high in 2023, likely outpacing Japan to make China the world’s top exporter.
Tesla’s delivery numbers looked pretty good, until you compare them to those from up-and-coming Chinese rival BYD.
Following a Reuters investigation into parts failing on Tesla vehicles, Norway’s road regulator says it’s looking into Tesla’s suspensions.
Many of the EV startups flush with investor cash and confidence just a few short years ago are now struggling to keep the lights on.