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As Tesla’s European sales plummet 36% in August, automakers warn EV market now on ‘continual downward trajectory’
The good news for Tesla is for once it didn't perform any worse than overall EV demand in Europe in August. The bad news is the market collapsed last month.
EU car sales at 3-year low in August, EV sales plunge 44%
New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged down by double-digit losses in major markets Germany, France and Italy and sliding electric vehicle (EV) sales,
Europe’s EV sales plunge has carmakers seeking EU relief
EV deliveries in the region’s biggest car market, Germany, fell 69% during August, fueling a 36% drop across the region.
European EV Sales Plummet 44% As Automakers Scramble For Solutions
The EV market in Europe is facing a “continual downward trajectory,” according to ACEA. In August, EV sales dropped 43.9%, while the overall market fell 18.3% year-on-year. Automakers seek a smoother transition to zero-emission mobility amid sluggish EV demand.
EU new car sales drop 18% in August, EV figures plummet 44% Y/Y
New car registrations in the European Union showed an 18% drop in August, witnessing declines in the four major markets of the region. Germany took the biggest hit with a drop of 27.8%, and France 24.
EU car industry calls for urgent action as EV new car sales tumble
The industry is calling for policymakers to help saying that, if nothing is done, the required transition will be costly not only to the carmakers but to the economy itself, as well as putting the EU's transition to zero-emission at risk.
14h
on MSN
Zeno emerges from stealth to crib Tesla’s master plan for Africa and beyond
Yet Michael Spencer thinks that the shift that’s occurring in places like the U.S., Europe, and China is just the beginning. ...
1d
A Rate Cut Won’t Be Tesla’s Saving Grace
Higher interest rates have been proved to be a headwind for the auto industry at large, and Tesla is no exception.
Torque News
9h
Help, My Tesla Is Losing Battery Charge Overnight - What Can I Do?
A Tesla owner sees that her Tesla's battery goes down by 1% overnight and wonders what she can do to avoid this. We'll ...
19h
on MSN
Workers at Musk's Tesla, SpaceX and X donate to Harris while he backs Trump
Billionaire Elon Musk has endorsed Republican former President Donald Trump in the race for the White House, but employees at ...
12h
Tesla Cybertruck Lead Engineer Cautions Against The Use Of Charger Extension Cords
Morill also added that Tesla is in the process of developing new chargers with a longer cord for non-Tesla EVs ...
1d
on MSN
Tesla sold more Cybertrucks than almost all other EV trucks combined
The Tesla Cybertruck gets a lot of hate for its polarizing design and even more polarizing creator. However, the Cybertruck ...
18h
on MSN
Why Tesla Stock Is Rallying About 3% Higher In Thursday's Premarket
Tesla could be well positioned to inflect higher following an extended lean phase as macro conditions and China fundamentals ...
Carscoops on MSN
8h
Kim Kardashian’s Matte Grey Tesla Cybertruck Is Painted, Not Wrapped
With more money than she probably knows what to do with, Kim Kardashian has a large fleet of cars and, over the past few ...
1d
GM electric vehicles can now use Tesla Superchargers
GM says it’s ready to start selling power adapters compatible with Tesla, more than a year after it announced plans to adopt ...
3h
Tesla, Nike, Alibaba, FedEx, Trump Media & Technology: Why These 5 Stocks Are On Investors' Radars Today
Tesla’s stock soared by 7.36% today, closing at $243.92. The electric vehicle maker’s shares hit an intraday high of $244.24 ...
1d
on MSN
GM offering adapters to help electric vehicle owners access Tesla chargers
General Motors is now offering adapters to help its electric vehicle owners access Tesla chargers. The automaker said ...
12h
on MSN
Stock movers after Fed rate cut: Tesla, Salesforce, Darden Restaurants, and more
A rate cut makes borrowing cheaper, which can boost company profits and consumer spending, leading to higher stock prices.
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