The good folks over at the 'CSL AutoTime' channel on YouTube have an unusual EV drag racing setup - at least for America - between a Model Y and a BMW iX3
Tesla, BMW challenge EU tariffs on China-made EVs. EV success: Norway on track to be first country to go fully electric. Smithfield Foods prices IPO at $20 per share
BMW’s Chinese-made BEVs now incur EU import tariffs of close to 21%, while for BYD’ Auto the tariff rate is set at 17%; Geely 19%; and SAIC Motor 35%. Olof Gill, spokesperson for the European Commission (EC), confirmed earlier this week that the EU is prepared to respond to the case in court.
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
Tesla, owned by Elon Musk, is taking the European Union (EU) to court over its tariffs on electric vehicles imported from China. Filed last Wednesday with the European Court of Justice (ECJ) by Tesla’s Shanghai division, the lawsuit comes in the wake of similar legal moves by BMW and other Chinese car manufacturers.
F ew car companies talk about automating driving more than Tesla, even though you can make strong arguments that it's not the leader in automated driving. After all, GM and Ford h
Tesla (NASDAQ: TSLA) announced plans to roll out new, more affordable electric vehicles (EVs) in early 2025 while launching an autonomous ride-hailing service in June. Despite missing Wall Street revenue expectations,
Tesla said it was on track to roll out new, cheaper electric vehicle models in the first half of 2025, as its quarterly profit and revenue fell short of Wall Street expectations on Wednesday due to discounts and financing offers.
The company’s gross profit margin stood at 16.3% in the October-December period, lower than estimates of 19.03%, according to 20 analysts polled by LSEG. Tesla posted a profit margin of 19.8% in the third quarter. A daily look at the most important business stories that are making news and moving markets, written by Chris Wilson-Smith