Tesla Faces 36% Sales Decline in Spain Despite Growing European EV Market
Tesla's new vehicle sales in Spain plummeted by 36% in April, delivering only 571 vehicles amid broader European market challenges. The American EV maker grapples with increasing competition from Chinese manufacturers and faces production hurdles at its Berlin facility.
Bezos-Backed Startup Unveils $20,000 No-Frills Electric Pickup Truck
Slate Auto challenges industry norms with a radically minimalist electric pickup featuring manual windows and no built-in entertainment system. The customizable American-made vehicle aims to redefine affordability with a sub-$20,000 price point after federal rebates.
Back to Basics: Slate Auto Unveils $20,000 Electric Truck with Manual Windows and DIY Customization
Slate Auto challenges EV industry norms with a stripped-down electric truck featuring manual windows, no screens, and DIY modification options. Priced under $20,000 after tax credits, the 'Blank Slate' truck aims to make electric vehicles more accessible through simplicity and customization.
Tesla Scales Back Cybertruck Production as Sales Fall Short of Expectations
Tesla is reducing Cybertruck production targets and offering substantial discounts up to $10,000 amid sluggish demand, after delivering approximately 50,000 units. The situation marks an unusual challenge for Tesla, which typically enjoys strong demand for new models.
Tesla Halts Model S and X Orders in China Amid Trade Tensions
Tesla has stopped accepting new orders for its Model S and X vehicles in China, removing ordering options from its Chinese platforms. The decision comes amid rising U.S.-China trade tensions and increased tariffs on American imports.
Tesla's Cybertruck Crisis Deepens with $200M in Unsold Inventory and Trade-In Rejections
Tesla faces mounting challenges as approximately 2,400 Cybertrucks worth $200 million remain unsold, while the company refuses to accept its own vehicles as trade-ins. The situation is compounded by plummeting resale values, service issues, and widespread protests against CEO Elon Musk's controversial positions.
Tesla's European Sales Slump: French Market Hits 4-Year Low Amid Growing Competition
Tesla faces significant challenges in European markets as French sales plummet 41.1% in Q1 2024, marking their lowest point since 2021. Chinese EV makers gain market share while Tesla grapples with aging products, increased competition, and brand reputation issues.
Tesla Enters Indian Market Amid Global Sales Slump and Market Challenges
Tesla makes a strategic move into India's growing EV market with showroom openings in Mumbai and Delhi, while facing significant sales declines in established markets. The expansion comes with challenges including pricing concerns and infrastructure limitations, though reduced import duties and limited Chinese competition present opportunities.
Tesla Faces Record Trade-ins as Brand Value and Market Share Decline
Tesla experiences unprecedented trade-ins to other brands amid falling sales, stock price, and brand value. Recent data shows mounting challenges for the EV maker as competition intensifies and consumer loyalty shifts in the evolving electric vehicle market.
Tesla Banned from Vancouver Auto Show Following Security and Political Tensions
Tesla has been removed from the Vancouver International Auto Show due to safety concerns amid growing protests and political tensions surrounding Elon Musk's controversial statements. The decision comes alongside mounting public backlash and the province's withdrawal of charging station rebates.