Every EVXL story tagged “China” — newest first.
Today, Tesla’s stock plummeted 16% as a public feud between CEO Elon Musk and President Donald Trump intensified, threatening federal subsidies critical to the electric vehicle (EV) maker’s growth. The clash, fueled by Musk’s provocative claim about Trump’s ties to Jeffrey Epstein and his call for the president’s impeachment, has rattled investors and raised questions…
Tesla’s China-made electric vehicle (EV) sales fell 15% year-over-year in May 2025, marking the eighth consecutive month of decline, according to a recent Reuters report. The drop highlights the intense competition in China, the world’s largest auto market, where price wars and new competitors are challenging the U.S. automaker’s dominance. Ongoing Decline in Tesla’s China…
Tesla’s dominance in China’s electric vehicle (EV) market is crumbling, with shipments from its Shanghai factory dropping 15% in May 2025 compared to the previous year, marking the eighth consecutive month of decline. According to a recent Bloomberg article, this downward trend highlights the growing challenge posed by Chinese EV manufacturers like BYD and Xiaomi,…
Morgan Stanley has reportedly proposed that Tesla, a leader in electric vehicles, could extend its technological prowess into drone manufacturing, potentially reshaping both industries. While Tesla has not confirmed any plans to enter the drone sector, the investment bank believes the company’s innovations in battery and autonomy could position it as a key player in…
Volvo Cars, a leader in the electric vehicle (EV) sector, saw a 12% decline in global sales for May 2025, totaling 59,822 vehicles compared to the previous year, according to a Reuters report. This downturn highlights the broader struggles within the EV industry as economic and regulatory pressures mount. Electric Vehicle Sales Take a Hit…
Chinese electric vehicle (EV) manufacturer NIO Inc. is making bold moves to achieve financial stability, announcing a significant reduction in research and development (R&D) spending as part of its strategy to reach break-even by the fourth quarter of 2025. The company revealed this plan during its latest earnings call, aiming to cut R&D expenses by…
Tesla’s new car sales in Spain and Portugal took a significant hit in May 2025, dropping sharply from the same month in 2024, while other electric vehicle (EV) brands, particularly from China, saw impressive gains. According to industry data released by ANFAC and ACAP, this decline highlights growing challenges for Tesla in Europe amid rising…
Tesla has reportedly moved away from its long-anticipated $25,000 electric vehicle (EV), often dubbed the Model 2, with the company now prioritizing more affordable versions of its Model 3 sedan and Model Y compact SUV. This strategic pivot, detailed in a Reuters report, has sparked internal debates among Tesla executives and raised questions about the…
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