GM surges in EV sales
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Tesla Opens its 1st Showroom in India
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Money Talks News on MSNTesla's EV Monopoly Ends: These Electric Alternatives Offer Better Value and Lower CostsTesla's dominance is ending as automakers offer compelling electric alternatives across every price point. From $30,000 family crossovers to luxury sedans, smart money is finding better value elsewhere.
As Tesla’s sales decline following Musk’s forays into US politics and amid a lack of new models, BYD has overtaken it to become the world’s largest manufacturer of EVs. Its annual revenues surpassed $100 billion for the first time in 2024.
Elon Musk's electric vehicle (EV) giant has come to India, but a bigger question that people are asking is who will be the insurance provider for the American auto maker?
With more than half of Tesla's Superchargers open to any EV, editor Paul Barker wonders why more drivers are not making use of them
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Tesla ( TSLA) and its high-profile CEO Elon Musk can be polarizing. However, the automaker has achieved things that seemed impossible. It not only broke into the highly mature auto industry, it also helped to create the electric vehicle (EV) market. Could buying EV upstart Lucid ( LCID) set investors up for a similar success story?
Owners of the Rivian R1S and R1T electric vehicles are in for a treat as the auto maker pushes out a significant navigation update to drivers. Rivian has partnered with Google to bring Google Maps to the former’s EVs,
According to Bernstein analysts, Tesla has not signed up for India’s new EV policy, which offers a lower 15% duty for vehicles over $35,000 in exchange for a commitment to local manufacturing.
Tesla opened its first showroom in Mumbai, with Maharashtra Deputy CM taking a test ride. Bookings for the Model Y SUV are now open, and deliveries may start next month. The state aims to attract further investments in the EV sector.
The federal government began reimbursing car dealerships for rebates paid out before the iZEV program ended Jan. 12 — but not consumers whose cars were delivered after that date.
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Experts told CNBC that Tesla will compete in the premium segment of the market with the likes of BMW, rather than with local EVs like those from Tata Motors.