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Warren Buffet-backed BYD closing in on Tesla (TSLA) EV sales

October 3, 2023 3:23 PM EDT

Tesla's (NASDAQ: TSLA) underwhelming third-quarter delivery figures have opened a door for its nearest competitor, BYD, the Chinese electric vehicle juggernaut backed by Warren Buffett's Berkshire Hathaway, to potentially claim the top spot in the electric car market rankings.

Last quarter, Tesla managed to sell... More

Tesla (TSLA) brings back rear-wheel Model Y at discounted price

October 3, 2023 10:27 AM EDT

Tesla Inc. (NASDAQ: TSLA) has reintroduced the rear-wheel-drive version of its Model Y crossover in the United States, following a third-quarter delivery report that didn't meet Wall Street's projections.

The Model Y, introduced for deliveries in March 2020, remains the top-selling model for the... More