Tesla can't build in northern Mexico if water is scarce, president says
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Tesla (TSLA) suffers from aging product line as sales slow in China
February 28, 2023 10:31 AM ESTData from China Merchants Bank International showed Tuesday that Teslas (NASDAQ: TSLA) sales in China rose last week but were still running short of the pace seen in the fourth quarter, indicating a bump from discounted prices in its biggest overseas market is waning.
According to the data, the electric vehicle maker nearly... More
Mexico announces new Tesla (TSLA) plant to be built in Monterrey
February 28, 2023 10:19 AM ESTMexican President Andres Manuel Lopez Obrador announced Tuesday morning that the government has reached an agreement with electric vehicle maker, Tesla (NASDAQ: TSLA) over the company's plan to build a new plant in the northern city of Monterrey.
Speaking at a news... More
BYD says price cuts were part of promotions by some dealers
February 27, 2023 7:27 AM ESTChinese conglomerate and auto maker, BYD Company is down 1.65% today in Chinese markets after reports that the company cut prices on their vehicles. However, the company replied to reports, saying that the price cuts were not its official move, after the matter sparked discussion over the... More
Tesla (TSLA) German plant reaches 4k cars per week ahead of schedule
February 27, 2023 6:51 AM ESTElectric vehicle maker, Tesla (NASDAQ: TSLA) announced Monday that its plant in Brandenburg near Berlin is now producing 4,000 cars per week. According to a recent production plan viewed by Reuters, the company reached this goal three weeks ahead of... More
