Wholesale sales of Tesla China rose around 19% year-over-year (YoY)to 93,680 units in June, the highest monthly volume in the first half of the year, according to the China’s Passenger Car Association (CPCA). Tesla China maintained the second place by wholesale sales of new energy passe...
The shares slide came right after a national industry association released significant decline in Tesla’s sales in China. The wholesale sales of Tesla China fell 19% year-over-year (YoY) to 60,365 units in February, the lowest since December 2022, according to preliminary estimates of the Ch...
Tesla’s global Q2 deliveries are down 4.8% year-over-year, but remain 14% higher than Q1. Sales in China, a key market, saw a steeper decline of 24.2% in June compared to last year. Analysts are split on Tesla’s outlook, with some positive and others worried about softening demand....
Credit:Tesla The shares slide came right after a national industry association released significant decline in Tesla’s sales in China. The wholesale sales of Tesla China fell 19% year-over-year (YoY) to 60,365 units in February, the lowest since December 2022, according to preliminary estimate...
The layoffs that could impact more than 14,000 people come two weeks after the electric automaker reported its first year-over-year drop in sales in three years. The company has also warned that sales growth could be "notably lower" in 2024 than its stated goal of 50 percent growth each ...
Wholesale sales of Tesla China rose around 19% year-over-year (YoY)to 93,680 units in June, the highest monthly volume in the first half of the year, according to the China’s Passenger Car Association (CPCA). Tesla China maintained the second place by wholesale sales of new energy passe...
Wholesale sales of Tesla China rose around 19% year-over-year (YoY)to 93,680 units in June, the highest monthly volume in the first half of the year, according to the China’s Passenger Car Association (CPCA). Tesla China maintained the second place by wholesale sales of new energy passe...
Tesla's sales numbers also pulled down shares of its U.S. EV competitors. Shares of Rivian fell 5.2%, while Lucid stock dropped 3.5% on Tuesday. Deliveries of the Models 3 and Y, fell 10.3% year over year to 369,783. Sales of the company's other models, the aging X and S and ...
Tesla’s revenue for the fourth quarter rose 2% year-over-year (YoY) to $25.71 billion, less than analysts’ estimates of $27.21 billion. Earnings per share (EPS) popped 3% YoY to $0.73 whereas analysts estimated $0.75. Automotive revenues that quarter dropped 8% YoY to $19.8 billion, ma...
The drop in sales was even steeper than the company's last decline in 2020, which was due to disrupted production during the Covid-19 pandemic. Tesla's automotive revenue declined 13% year over year to $17.38 billion in the first three months of 2024. Musk said on the call that the co...