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Tag: EV

Tesla shares tumble amid slumping EV sales and increasing competition

As electric vehicle demand wanes and competitors gain ground, Tesla's stock loses a year of gains, dipping below the $150 mark

Tesla announces significant global workforce reduction

In a move to streamline operations, Tesla plans to cut over 10% of its staff amid slowing EV demand and competitive pressures

Tesla’s market dominance wanes as electric vehicle sales dip amidst rising competition

Despite aggressive price cuts, Tesla witnessed a significant sales drop, signalling heightened global EV market competition

UK new car sales hit 20-year high in February, fueled by electric fleet purchases

Rise in commercial fleet acquisitions of electric vehicles drives a 14% year-on-year surge, marking the 19th consecutive month of growth
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