Tesla laying off some workers at Shanghai, China plant - Bloomberg
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Mercedes-Benz doubles EV sales in 2Q
July 11, 2023 9:48 AM EDTGerman luxury automaker, Mercedes-Benz released their second quarter sales results Tuesday, reporting a 6% rise in sales (to 515,700 vehicles) compared to the same time last year. According to Mercedes, Electric vehicles continued to be the main growth driver in the quarter, with passenger cars sales more than doubling (123%) to reach 56,300... More
Tesla (TSLA) to offer cash bonus to new buyers of its EVs in China
July 7, 2023 11:01 AM EDTOn Friday, electric vehicle giant Tesla (NASDAQ: TSLA) announced that new buyers of its top-selling electric vehicles in China will receive a cash bonus of nearly $500 if they are referred by an existing owner.
The move, which was announced on its Weibo account,... More
