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Tesla Sales Drop Brings BYD Closest Ever to Global EV Crown

BLOOMBERG BYD Co is poised to overtake Tesla Inc as the world’s biggest seller of electric vehicles as the Chinese automaker’s global sales push gains greater traction. China’s best-selling car brand came within a whisker of toppling Tesla last quarter after factory downtime led to the US automaker’s first delivery decline in more than a year. BYD sold 431,603 fully-electric ...

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Tesla reintroduces rear-wheel drive Model Y at lower price

BLOOMBERG Tesla Inc reintroduced a Model Y crossover sport utility vehicle (SUV) with rear wheel drive in the US, after reporting third quarter deliveries that fell short of Wall Street expectations. The starting price of the rear-wheel drive Model Y is now $43,990, according to Tesla’s website, and have a stated range of 242-260 miles. The electric vehicles likely use ...

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Tesla deliveries slide as factory downtime slows production

BLOOMBERG Tesla shipped 435,059 cars globally in the third quarter, as factory downtime led to its first quarterly delivery decline in more than a year. The results missed expectations. Several Wall Street analysts had slashed their delivery estimates in recent days, and the consensus compiled by Bloomberg fell to 456,722. Tesla delivered 466,140 cars in the second quarter. The electric-vehicle ...

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