Tesla reclaims EV crown from BYD amid overall sales drop
PALO ALTO, California -- Tesla has reclaimed the title of the world's top EV seller in the first quarter after losing it to BYD last year.
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PALO ALTO, California -- Tesla has reclaimed the title of the world's top EV seller in the first quarter after losing it to BYD last year.
The ranks of would-be Tesla buyers in the United States are shrinking, according to a survey by market intelligence firm Caliber, which attributed the drop in part to CEO Elon Musk's polarizing persona.
Ritesh Kumar Singh is founder and chief executive of policy research and advisory company Indonomics Consulting in New Delhi.
China-made electric vehicles will make up more than a quarter of the EV sales in Europe this year, with the country's share increasing by over 5% from a year earlier, according to a new policy analysis.
China has filed a complaint to the World Trade Organization (WTO) after the United States excluded buyers who purchased electric vehicles (EVs) with Chinese batteries from its subsidy scheme.
When Elon Musk unveiled the first Chinese-made Teslas in Shanghai in 2020, he went off script and started dancing. Peeling off his jacket, he flung it across the stage in a partial striptease.
When Elon Musk first set up Tesla’s factory in China, he appeared to have the upper hand.
In the U.S., Tesla may be at the forefront of the electric vehicle revolution, but abroad, the carmaker has some serious competition. In China, the world's largest EV market, Tesla has been losing ground to domestic automakers who are increasingly building better cars at unbeatable prices, and chief among them is Warren Buffett-backed BYD.