Imports, which include vehicles from Tesla and BYD, now claim about 75% of overall EV sales in the country.
The report was initially shared by CNBC’s David Faber during a segment on the Faber Report.
Tesla stock reached as high as $488.54 per share in 2024, though it is trading at around $240 per share as of writing.
Ukraine is exploring EU satellite alternatives to Starlink, driven by concerns over Elon Musk’s unpredictability. Starlink remains vital for Ukraine’s battlefield connectivity and cannot be easily...
Rivian has strengthened its AI strategy by appointing Aidan Gomez, co-founder and CEO of generative AI startup Cohere, to its board. Gomez’s appointment was announced through...
The program was announced by the electric vehicle maker through its official Weibo account.
Hyundai Motor Group and Posco Holdings have signed a memorandum of understanding to collaborate on a U.S. steel plant in Louisiana, leveraging a three-month suspension on...
Tesla could be subject to a tax on its emissions credit sales in Washington, just ahead of the beginning of the state's phase-out of gas vehicles.
