FADA September Data: Slow Car Sales Before Festivals, High Inventory

FADA has pointed out that even though the festival season usually helps boost car sales, October is going to be key for dealers and manufacturers […]

Tesla’s China Deliveries Rise for Second Consecutive Month in August on Subsidy Boost

Tesla continues to see strong momentum in China, delivering 86,697 vehicles in August, marking a 3% year-over-year increase. This growth comes as domestic sales in […]

Turbulence at Tesla: Job Cuts, Executive Departures, and Strategic Shifts Shake EV Giant

Tesla’s premarket shares dropped by 2.35% after confirming substantial job cuts and the departure of key executives. The electric vehicle (EV) giant disclosed plans to […]