Monday, 28 July 2025

Spotlight: Tesla

FILE PHOTO: A Tesla Cybertruck is parked on a local Tesla dealer in Paramus, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla’s bleak margins sour investors as Musk hypes everything but cars

Tesla shares sank more than 11% on Wednesday CEO Elon Musk hyped the company's investment plans for AI and self-driving technologies

FILE PHOTO: A general view of BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

China’s BYD widens EV lead over Tesla in Singapore, Southeast Asia, data shows

China's BYD widened its sales lead over Tesla in Singapore in the first half of this year, government data showed

FILE PHOTO: Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
AutomotiveElectric Vehicles (EVs)IndustryManufacturingNewsTransport

LG Energy Solution in talks with Chinese firms to make low-cost EV batteries for Europe

South Korea's LGES is in talks with Chinese suppliers to produce low-cost EV batteries for Europe, a senior executive said

FILE PHOTO: Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez/File Photo
AutomotiveBusinessCourtsNews

Rivian to face trial in Tesla trade secrets theft case, judge says

After judge denies dismissal of lawsuit, Rivian-Tesla trial set to go ahead after company allegedly Elon Musk's employees.

Tesla reported a drop in second-quarter profits after a string of vehicle price cuts in response to stiffening competition among electric vehicles (AFP)
BusinessElectric Vehicles (EVs)FinanceManufacturingNews

Tesla reports profit drop on price cuts, lower vehicle sales

Tesla reported a significant drop in Q2 profits Tuesday due to price cuts while heavily investing in AI and other tech.

Tesla electric vehicles use a Tesla supercharging station in Union City, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/file photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPublic TransitTransport

Tesla profit margins worst in five years as price cuts, incentives weigh

Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter

A Tesla Cybertruck is parked on a local Tesla dealer in Paramus, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz
BusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

Tesla shares could swing 10% either way after earnings, options show

With Tesla market cap at around $800 billion, such a move would make for a swing in the value of the company of...

A Windrose electric truck is seen near the Golden Gate Bridge in San Francisco, California, U.S., in this May 2024 handout picture provided by Windrose on July 23, 2024.  Windrose/Handout via REUTERS
Electric Vehicles (EVs)NewsPoliticsTrade

Windrose plans truck assembly in US in rare move by Chinese EV firm

Windrose hopes for a return to the world's second-largest auto market after presidential candidate Donald Trump stated his support.

FILE PHOTO: A Volkswagen ID. Buzz and a Volkswagen Beetle are seen during the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsTradeTransport

Volkswagen is reeling in China. Can EVs help it grow in the US?

The German automaker is planning 30 new electric or hybrid models in China in a bid to lift its market share to 15%. 

FILE PHOTO: FILE PHOTO: A staff member looks at Tesla's new Model 3 sedan displayed next to Model X SUV at the China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 2, 2023. REUTERS/Florence Lo/File Photo/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPublic TransitTransport

Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus

Tesla's Q2 margin likely to hit a more than five-year low, CEO Elon Musk is expected to double down on robotaxi plans and...

Login into your Account

Please login to like, dislike or bookmark this article.