Electric Car News Tesla Sales Disappoint, But Elon Musk Vows New Cars ‘will Be In The Wild, With No One In Them’

Elon Musk’s Tesla disappoints investors despite record sales as profit dented by higher costs, fading credits

Demand for Tesla’s vehicles and those of its rivals is also expected to drop through the rest of the year without the tax credits that have been a key driver of EV sales. Read More

Tesla Stock Slides After EV Maker's Earnings Disappoint

Follow live news and analysis of Tesla's third-quarter results, which are due to be released after Wednesday's market close. Read More

Tesla’s profit fell in third quarter even as sales rose. Musk sees robotaxi expansion by year end

Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Read More

Tesla’s Profit Falls 37% After It Cut Car Prices

Tesla said Wednesday that its profit sank in the third quarter after it cut car prices to lift sales. Profit fell to $1.4 billion from $2.2 billion a year earlier, a drop of 37 percent, the company ... Read More

Profit at Elon Musk's Tesla falls again as it slashed prices to make sales

The Austin automaker sold more cars in this year’s July-September period than a year ago but earned less per unit because it slashed prices. Read More

Tesla car sales lifted by end of US electric auto tax credit

Tesla reported higher global third-quarter auto deliveries on Thursday, joining a broad slate of automakers seeing a surge in electric vehicles ahead of the phaseout of a US tax credit. The US EV ... Read More

Tesla's UK sales slump by £500m as drivers refuse to buy Elon Musk’s electric car brand

Tesla has seen its UK sales drop by £500million last year after drivers boycotted the popular electric car brand in response to Elon Musk's political opinions. The UK branch of the manufacturer ... Read More

Elon Musk’s Tesla hikes lease prices on all electric cars as US tax credit expires

Tesla has raised lease prices for all its vehicles in the US after a $7,500 federal tax credit that helped boost electric vehicle sales expired, according to the company’s website on Wednesday. The ... Read More