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3 mins read

Why Tesla's sales are slipping in California, and what it means for Elon Musk's car company

Tesla is losing ground in its home state of California. That signals more trouble ahead for Elon Mu…

Nora Naughton   


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2 mins read

Tesla reversed its sales slowdown, but not enough to calm investors' nerves

Across the industry, automakers are struggling with a slowdown in demand. Tesla has been largely ab…

Graham Rapier,Nora Naughton   


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2 mins read

Substantial drop in sales of cars, goods carriers and light commercial vehicles in Q2: SIAM

Sales of cars in the country saw a significant decline in the second quarter of FY25, as highlighte…

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2 mins read

Indian manufacturers see softer increases in new business, output in August: PMI

In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …

PTI   


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2 mins read

It’s raining discounts – Maruti Suzuki, Hyundai, Tata Motors and others offer discounts on cars as sales slowdown

If you are considering purchasing a car for yourself or someone in your family, now is a great time…

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2 mins read

The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news

EV leaders are facing roadblocks heading into the final quarter of 2024.

Nora Naughton   


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3 mins read

Election Day stress is affecting some companies' sales

Companies from United Airlines to Nestlé have pointed to election day as a slow time for sales. Som…

Alex Bitter   


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1 min read

China's EVs are fueling a big oil demand slowdown

China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …

Kelly Cloonan   


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2 mins read

Rivian's CEO has a theory for the slowdown in EV growth

Rivian CEO RJ Scaringe said there's a "truly extreme" lack of choice for EVs at the lower price end.

Ana Altchek   


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3 mins read

Not even Tesla can dodge the EV sales slowdown

Elon Musk warned that Tesla was "between two major growth waves," with its cheaper mass-market car …

Hasan Chowdhury   


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3 mins read

EV sales in Europe hit a speed bump — and the US should be worried too

Registrations of new EVs in Europe fell by 44% in August from the previous year, according to the E…

Tom Carter   


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3 mins read

The consumer slowdown is here and its flashing a recession warning for the economy

American consumers - the backbone of the resilient US economy in recent years - appear to be windin…

Jennifer Sor   


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2 mins read

Tesla can't outrun the EV slowdown

Tesla couldn't price-cut its way out of an EV slowdown that's taking the entire industry down with …

Nora Naughton   


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4 mins read

Elon Musk is ready to make his biggest pitch yet that Tesla is more than just a car company

Elon Musk is set to unveil a new chapter in Tesla's history at Robotaxi Day as he attempts to pitch…

Hasan Chowdhury   


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4 mins read

Global smartphone shipments grow 6.5% in Q2 2024, Xiaomi records highest growth

Worldwide smartphone shipments continued to grow in Q2 2024, marking the fourth consecutive quarter…

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3 mins read

EV charging is so bleak that some owners are considering going back to gas-powered cars, survey finds

Nearly half of EV owners in the US are considering switching back to a gas-powered car, a McKinsey …

Nora Naughton   


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1 min read

Tesla's best bet for growth has nothing to do with cars or AI

Tesla's energy business was a key driver of revenue in the second quarter, without which its earnin…

Nora Naughton   


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2 mins read

Tesla knocks $1,000 off the price of its Model Y cars in the US to boost sales

Tesla is offering a $1,000 discount on some of its Model Y cars in the US through February.

Tom Carter   


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2 mins read

The US housing market is headed for the largest sales slowdown since 2011, Fannie Mae says

Even if the US avoids a recession in 2024, the housing market will struggle for a "long time," Fann…

Jennifer Sor   


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2 mins read

GM and Ford's gas-powered profits and hybrid successes show how hard it will be for Tesla to weather an EV slowdown

Companies like GM and Ford can rely on hybrids and gas-powered cars to get through the EV slowdown.…

Nora Naughton