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Related Special Reports
...giant to taper its electric ambitions....
...Much of that growth came from China, where two-thirds of electric cars were already cheaper to purchase than their petrol equivalents, the IEA found....
...Thanks for reading — Patrick Temple-West Electric vehicles Tesla navigates slowing EV demand and a crowded field with an ‘affordable’ model Tesla’s share price jump this week highlighted how jumpy electric...
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
Driven to distraction
...Elon Musk’s Tesla and Chinese rival BYD both reported sharp falls in electric car sales, adding to concerns of the slowing shift towards electric vehicles....
...Apple has cancelled its efforts to build an electric car as it pivots to focus research funding on generative artificial intelligence, according to a person familiar with the matter....
...On Sunday, Tesla’s electric vehicles were included on a list of more than 70 car models that have been tested for data security compliance by a Chinese industry group....
...The results come at a turbulent time for Musk and the electric vehicle sector....
...Elon Musk has shut down the division that runs Tesla’s Supercharger business, dismissed two senior executives and fired hundreds more staff as the electric-car maker continues its restructuring amid a sharp...
...The European Commission is investigating electric car imports from China and is widely expected to raise tariffs in the coming months....
...After overtaking Tesla as the world’s largest electric-vehicle maker last year, BYD has started releasing higher end models, the latest being its Yangwang U9 electric sports car with that price tag, to try...
...But its status as the electric car champion — and one with a stock market valuation still dwarfing that of rivals — leaves Tesla particularly exposed....
...As Peter Campbell laid out in the Financial Times yesterday: The global auto industry manufactured 10.5mn electric vehicles last year — and expects to produce 13.5mn this year . . ....
...But they also want to know whether Elon Musk’s company is in the midst of a major change in direction, after reports that it was slowing plans for a cheaper $25,000 electric car — known unofficially as the...
...With typical grandiloquence, he claims that turning the company’s electric fleet into autonomous vehicles could be “the biggest asset value appreciation in history”....
...Sales of battery electric vehicles (BEV) in Europe dropped 11.3 per cent year on year in March, the second fall in four months, according to figures this month. The timing of Easter played a part....
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
...In total, the UK has nearly 54,000 public charging points compared with 1mn fully electric vehicles, a ratio of just over 18:1....
...On Tuesday, Apple announced to its staff it would abandon a years-long effort to develop an electric vehicle that could compete with the likes of Tesla, instead switching its research funding towards building...
Shares drop after car sales slip in first quarter
Pedal to the metal, balls to the wall, margins to the floor
...The electric-car maker’s market value jumped 787 per cent to $669bn by the end of that December, but has since slipped back to $589bn....
...Facing one of the worst stock slumps in Tesla’s 14-year history, Elon Musk was under pressure this week to deliver a reassuring message to investors about its next generation of electric vehicles and a persuasive...
...First, they decided that the century-old company would reposition itself as a forward-looking “mobility” group that would stand out in a crowded field with a fleet heavy on Tesla’s electric vehicles....
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