China's BYD to launch first electric pickup truck this year in latest challenge to Tesla, Ford
BYD plans to launch its first electric pickup truck this year, as the Chinese giant steps up competition with global auto firms, from Ford to Tesla.
Tesla asian news
Ford to delay all-electric SUV, truck to focus on offering hybrid vehicles across its lineup by 2030
DETROIT – Ford Motor is delaying production of a new all-electric large SUV and pickup truck, as it shifts to offer hybrid options across its entire North American lineup by 2030.
Tesla to explore locations in India for $3 billion EV factory, FT reports
Tesla will explore locations in India this month to set up an electric vehicle factory with an investment of up to $3 billion, according to a Financial Times report, in a boost to Prime Minister Narendra Modi's plans to bolster domestic manufacturing.
Noted Tesla bear says Musk's EV maker could 'go bust' and stock is worth $14
Tesla could "go bust" while its stock could fall to $14, Per Lekander, a hedge fund manager who has been shorting Elon Musk's electric car maker since 2020, told CNBC on Wednesday.
Dow tumbles nearly 400 points, falling for a second day in rough start to new quarter: Live updates
The Dow Jones Industrial Average fell for a second day, continuing Wall Street's lackluster start to the quarter, as bond yields rose and traders lowered expectations that the Federal Reserve would cut interest rates in June.
Tesla shares fall after deliveries drop 8.5% from a year ago
Tesla shares fell on Tuesday after the company reported a drop in vehicle deliveries in the first quarter, the first annual decline since 2020, when the global pandemic disrupted production.
CNBC Daily Open: Projections are not promises
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
BYD hands back top EV seller title to Tesla after Q1 sales decline
BYD, China's biggest electric vehicle (EV) maker, reported first quarter 2024 sales fell 43% compared to the fourth quarter of 2023, handing back the title of world's biggest EV seller to Tesla after winning it last year.