Electric Car News Tesla Makes Money Selling Electric Vehicles, But 86 Of Its Earnings Could Soon Come From This Instead

Tesla Stock Rises. October Electric Vehicle Sales Were Tougher Than Expected.

Investors knew the fourth quarter would be tough for electric vehicle makers. They might not have known how tough. In October, Tesla sales fell 23% year over year in four markets, North America, ... Read More

Tesla can’t sell its cars anymore so it is renting them now

With inventories piling up at stores and dealers across the country, Tesla has found a new way to use its inventory: it is now renting (not leasing) its vehicles from its stores. The rental duration ... Read More

Why The Fastest-Selling Used Cars Are EVs

An off-lease EV may be the best deal on the market right now. But cars are flying off the lots, so demand may be tight. Read More

Tesla’s European and Chinese customers are staying away in droves

A common factor in both Europe and China is that Tesla now faces a huge amount of competition for EV buyers from both established OEMs and new Chinese startups. Tesla has failed to expand its range ... Read More

Tesla is still losing ground in the world’s biggest EV market

The company’s struggles in China are part of the reason Tesla is likely to report another annual sales decline. Read More

Demand For Electric Pickup Trucks Soar In Q3, Except If You're Tesla

Tesla Inc (NASDAQ:TSLA) reported strong third-quarter deliveries that beat analyst estimates, but a new report shows one of its electric vehicles has seen demand fall significantly. • TSLA shares are ... Read More

RJ Scaringe Is Betting His New Electric SUV Will Make Rivian The Next Tesla

The Rivian founder and CEO expects the small SUV R2, priced from $45,000, to be fully competitive with Tesla’s top-selling Model Y when sales begin early next year. Rivian has had a rocky time since ... Read More

GM bets big on electric cars even as market slows

Electric vehicle sales in the U.S. trail other major car markets where General Motors does business, which was not expected to be the case when GM first planned its broad EV portfolio. Though the ... Read More

Here's why most car dealers are lousy at selling electric cars

From carmakers and politicians to enthusiastic owners, there are many groups pushing for greater electric-car adoption. But more often that not, the dealers that actually sell the majority of electric ... Read More

Ford CEO says a ‘shocking’ discovery after taking apart rival Tesla and Chinese EVs led to a ‘brutal’ business decision

F ord CEO Jim Farley said he was struck by a “shocking” discovery when digging into competitors’ vehicles, and it spurred him into taking action that would help the legacy carmaker compete with the ... Read More