General Motors has accelerated EV sales and market share while Texas-based Tesla cratered this spring due to criticism of Musk.

Tesla Inc. opened its first India showroom, showcasing Model Y cars with a starting price of nearly $70,000, as Elon Musk’s electric-vehicle maker looks to tap new markets and offset slowing sales where it’s already well established.

Sales of Tesla electric cars fell sharply in the last three months compared to a year earlier as boycotts over Elon Musk’s political views continue to keep buyers away.

With its sales cratering in the West, the electric vehicle giant is making a high-stakes pivot to the world's third-largest auto market.

TeslaTSLA vehicle insurance registrations in China soared sequentially last week, making up ground in the key EV market, with vehicles sales now just slightly off the pace compared to 2024. However, a new report shows Q2 electric vehicles sales sank more than 6% in the U.

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 autonomous driving business could be worth trillions in the future, according to certain Wall Street analysts. More than 70% of Tesla's revenue still comes from selling passenger electric vehicles,