As Tesla’s sales decline following Musk’s forays into US politics and amid a lack of new models, BYD has overtaken it to become the world’s largest manufacturer of EVs. Its annual revenues surpassed $100 billion for the first time in 2024.

Tesla's dominance is ending as automakers offer compelling electric alternatives across every price point. From $30,000 family crossovers to luxury sedans, smart money is finding better value elsewhere. Gavin Newsom reacts as Trump admin pulls some ...

Tesla opened its first showroom in Mumbai, with Maharashtra Deputy CM taking a test ride. Bookings for the Model Y SUV are now open, and deliveries may start next month. The state aims to attract further investments in the EV sector.

Owners of the Rivian R1S and R1T electric vehicles are in for a treat as the auto maker pushes out a significant navigation update to drivers. Rivian has partnered with Google to bring Google Maps to the former’s EVs,

Tesla has officially entered the Indian market with its first showroom at Mumbai’s Bandra Kurla Complex. The company has launched its popular compact electric SUV, the Model Y, priced from ₹60 lakh. This highly anticipated launch marks a significant milestone in India’s electric vehicle revolution.

Tesla (TSLA) shares are falling amid slowing sales, fierce competition, and CEO Elon Musk’s political activism. Learn how the EV company compares to Li Auto (LI).

Experts told CNBC that Tesla will compete in the premium segment of the market with the likes of BMW, rather than with local EVs like those from Tata Motors.

As recently as April, Tesla said it would begin production of its mysterious new "affordable" EVs in the first half of 2025.

The federal government began reimbursing car dealerships for rebates paid out before the iZEV program ended Jan. 12 — but not consumers whose cars were delivered after that date.

The hype is dead. The Tesla Cybertruck, once billed as the future of electric vehicles, is now looking like a commercial bust.