General Motors CEO Mary Barra thanks Trump for his support while warning of $5 billion impacts from tariffs. Despite this, GM solidifies its position as a leading EV seller in the US with optimistic projections.
Tesla faces its worst quarterly results in four years as sales drop 9% and income plummets 71%. Elon Musk's return to the helm raises questions about the company's future amid tariffs and competition.
Tesla's electric vehicle sales in Europe have dropped 49% in the first two months of the year amid increasing competition and backlash against CEO Elon Musk's political affiliations. This decline coincides with a 28.4% rise in overall EV sales, highlighting growing concerns over Tesla's aging lineup and Musk's controversial endorsements.
As Elon Musk's political entanglements stir controversy, Tesla faces a crisis. Employees express concerns about the company's direction, while stock prices plummet amid fierce competition and public backlash.
Chinese EV maker BYD has overtaken Tesla in annual revenue, reporting a 29% increase to 777 billion yuan. With new lower-priced models and advanced technology, BYD is poised for growth amid Tesla's controversies and market challenges.
Europeans are turning away from Tesla vehicles as Elon Musk's political affiliations cause a sharp decline in sales across the continent. Find out how his ties to Trump and controversial actions are impacting the electric car market.
