Tag TSLA

Tesla stock rose early Wednesday, despite more troubling sales data from Europe. Investors appear to be solely focused on Tesla’s Sunday launch of a robo-taxi business in Austin, Texas. Shares of the electric vehicle maker were up 1.1% at $344.08 in premarket trading, while and futures were each broadly flat...

News of the day for June 25, 2025...

Skoda has overtaken Tesla for electric vehicle (EV) sales in Europe as motorists continue to shun Elon Musk’s carmaker in protest against his support for Donald Trump...

STORY: Tesla's new car sales in Europe fell just under 28% in May from a year earlier.That was despite sales of fully-electric vehicles rising over 27% in the region.That's according to trade data released Wednesday (June 25) by the European Automobile Manufacturers Association.Tesla's European sales have now fallen for five straight months as customers switch to cheaper Chinese EVs.Some potential buyers have also protested against Tesla CEO Elon Musk's politics.Tesla's European market share dropped to just 1.2% in May from 1.8% a year ago.The U.S. EV maker's revised Model Y has yet to show signs of reviving the brand's fortunes.It was aimed at revamping the company's aging model range.Particularly when traditional automakers and Chinese rivals have launched EVs at a fast pace amid trade tensions.Chinese manufacturers kept up their strong growth in Europe last month despite EU tariffs on the country's EVs.They doubled market share to 5.9%, according to separate data released Tuesday.BYD registered nearly as many vehicles as Tesla in May, after outselling it in April...

The vacuum is being filled by BYD, SAIC and other Chinese automakers. The U.S. electric-vehicle pioneer was the worst-performing major manufacturer in Europe through May, according to sales data released Wednesday. The fastest-growing manufacturer listed by ACEA, a local association of car manufacturers, was China's SAIC...

Tesla has several ambitions rooted in in artificial intelligence (AI) to grow beyond the core car business...

Rivian's sales growth should spike in 2026. When it comes to sales growth, it's been a tough couple of years for Rivian. Sales of electric vehicles industrywide has been below expectations, and weak consumer confidence has keep interest muted for the company's two luxury vehicles -- the R1T and R1S -- both of which can cost upwards of $100,000, depending on options...

Tesla's sales in the European Union tumbled for a fifth consecutive month in May, even though overall new battery-electric vehicle registrations kept rising...

The latest investor updates on stocks that are trending on Wednesday...

Over Q1 of 2025, Goldman Sachs Rising Dividend Growth Fund returned -1.00% (I–Shares, net) vs. the benchmark's (S&P 500) -4.27%, Click here to read the full commentary...