Falling sales and profits will lead Tesla to redouble efforts to provide a cheaper electric car for buyers, the car brand said this week.
The UK leads among major car markets and holds the top spot for EV adoption among large countries in Europe, ahead of Germany, according to BloombergNEF.
BYD has overtaken Tesla as Europe’s top-selling EV brand for the first time, marking a major shift in the region’s electric vehicle market, JATO reports.
Elon Musk has confirmed his intention to continue leading Tesla for at least the next five years.
UK consumers are increasingly turning to the second-hand electric car market
Tesla is seemingly shrugging off its recent brand image challenges with the Model 3 standing out as the UK’s fastest-selling used car.
Tesla sales dropped by 30% across Europe in March, but the decline is starting to slow, according to new data from JATO Dynamics.
The differing styles of business leadership come under the spotlight of Professor Jim Saker, regular Automotive Management contributor and president of the Institute of the Motor Industry.
The best-ever start to the year for global electric vehicle (EV) registrations continues with registrations from almost 40 of the world’s largest markets reaching 729,000.
Chinese competition is outpacing Tesla’s previous electric vehicle market dominance across Europe, according to the latest data from JATO Dynamics.
Political activists Led By Donkeys have used a Tesla to write a giant message on a Welsh beach as part of its campaign against Elon Musk and the US EV brand.
Used Tesla sales have reached a new record level in the UK, despite challenges around new car volumes and brand perception.
Anti-Elon Musk sentiment is the expected motivation for 20 Teslas being vandalised at the brand’s Belfast dealership.
The actions of a powerful global figurehead of a car brand can have ramifications that surely won't sit easily with its board of directors, wonders Professor Jim Saker, regular Automotive Management contributor and president of the Institute of the Motor Industry.
Tesla models dominated the top five biggest used car price drops in February, according to Motors’ Market View analysis.
Tesla's new car sales dropped by 45% across Europe from 18,161 to 9,945 units year-on-year in January.
Toyota has topped the latest Driver Power survey of 23,000 UK car owners for brand loyalty, but Tesla is close behind in second place.
Tesla is preparing to launch “more affordable models” in H1 as it looks to ramp up competition with price pressure from new entrants to the market.
Tesla is taking legal action against the European Union (EU) over tariffs imposed on Chinese-made electric vehicles (EVs), despite being granted the lowest rate among car manufactures importing into the region.
Stellantis has emerged as one of the few vehicle manufacturers in the UK to meet the Zero Emission Vehicle (ZEV) mandate for both cars and vans in 2024 entirely through sales.
