As car manufacturers struggle with the downturn in China’s car sales, and some large car makers posted double-digit declines last year, Tesla’s sales have surged and rose to over 40,000 last year. According to…
New car sales in the European Union rose over 1% year over year in 2019 to more than 15 million vehicles. U.S. automakers Ford and Fiat Chrysler both posted lower year-over-year sales totals.
Ford and Tesla have a similar challenge over the next several years. Every major car manufacturer, and a number of small ones, will be heavily in the electric car business by the end of…
Some analysts believe that Tesla has overshot most price targets and shares should be pulling back. In fact, a flurry of analysts came out in defense of this position on Thursday.
Many Americans learned how to drive when they were in their teens and got a driver's license soon after. However, this pattern has changed, leaving the auto industry with a smaller pool of customers.
Tesla's success continues to be a miracle to some industry experts. It was supposed to be too small to beat large car companies with big balance sheets and dealer networks.
Tesla reported that it built nearly 105,000 vehicles in the fourth quarter and delivered 112,000. For the year the company delivered more than 367,000 vehicles and production in China is gearing up.
Tesla shares have absolutely exploded in the past six months, and the cult of Elon Musk is growing, due to many exciting developments from Tesla recently, including the Cybertruck.