On paper, Tesla’s recent performance looks confusing. The company has now reported declining vehicle deliveries for two years in a row and has lost its position as the world’s biggest electric vehicle seller. Normally, those headlines would shake investor confidence. Instead, Tesla’s stock rose, suggesting that the market was looking beyond short-term sales figures and […]
The current state of the global automotive sector is facing its biggest revolution ever since the invention of the car, but it looks like the route towards an electrified future is far from standardized. Even as electric cars continue to steadily gain market traction, new research shows that consumer attitudes towards EVs appear increasingly complicated […]
The automotive industry and especially the electric vehicle industry is usually a dynamic environment to the investors, characterized by high rates of innovation and high levels of risk. Tesla, a market leader in this area, has been enjoying substantial market volatility of late, and its stock price has fallen sharply following the opening bell on […]
Automotive industry is experiencing a paradigm change, which was triggered by the aggressive pricing of Tesla that has caused a ripple effect in the electric vehicle (EV) market and in the conventional car manufacturers. As of the start of 2023, the company of Elon Musk has drastically adjusted the prices of its flagship models, which […]
Tesla, which was once the unquestioned giant in the electric vehicle market, is now maneuvering through a difficult environment that is characterized by a massive loss of its market share in the U.S. Research firm Cox Automotive, which provided data to Reuters exclusively, indicates that Tesla market share in the United States dropped to a […]
