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Tesla sacrifices to stay ahead of rivals in EV race

Oct 16, 2023
For the first time, the electric vehicle maker's market share is under 50%.
Tesla reduced prices in the past year, putting roadblocks in the path of traditional carmakers competing in electric vehicles. Tesla's upcoming quarterly results may show whether its revenue has suffered.
John Keeble/Getty Images

EV prices are falling, but remain out of reach for many potential buyers

Jul 17, 2023
The industry may need to cut costs to bring down stickier prices.
Ford's F-150 Lightning electric pickup (above) is part of recent price drops in the electric vehicle space.
Spencer Platt/Getty Images

In the race for electric vehicles, Chinese consumers are in the driver's seat

Jul 3, 2023
U.S. legacy automakers are losing ground to Tesla and Chinese companies like BYD in China, once considered a major new market.
"Tesla is still crushing it in China," says Tu Le, managing director at Sino Auto Insights. But  Chinese automotive giant BYD sold more cars than Tesla in the second quarter.
Xiaolu Chu/Getty Images

Electric vehicle sales are strong, but EV startups are struggling

May 4, 2023
It's not easy to start a carmaker, especially with rivals like Tesla, GM, Ford and Toyota, which have market share and manufacturing experience.
A row of Rivian electric pickup trucks. The company's shares are trading at a small fraction of their peak value in late 2021.
Justin Sullivan/Getty Images

EVs are far from standardized. For mechanics, that's an issue.

Mar 23, 2023
When your EV is no longer under warranty, who fixes it?
EVs are getting more and more commonplace on the road, so they'll also be more and more common at your local garage.
Ben Stansall/AFP via Getty Images

New standards for EV chargers also mean new business opportunities

Feb 16, 2023
Standardization of electric vehicle chargers across the country mean they'll be able to serve all models of cars.
Tesla car sits parked at a Tesla Supercharger. The Biden administration's new standards for EV chargers announced this week could set the stage for more business opportunities.
Justin Sullivan/Getty Images

Why Tesla is opening its charging network to other EVs

Feb 15, 2023
Federal subsidies, part of the White House's electric vehicle push, aren't the only way Tesla stands to make money on the expansion.
The White House is providing subsidies to Tesla to charge other makers' vehicles, potentially generating multiple income streams for the carmaker.
Justin Sullivan/Getty Images

For public good, not for profit.

Lessons so far from Elon Musk's tweet trial

University of Michigan's Erik Gordon says Musk may have offered us salient advice: don't take what he says as gospel.
Tesla CEO Elon Musk leaves the Phillip Burton Federal Building on Jan. 24, 2023, where he testified at a trial regarding tweets saying he was taking Tesla private.
Justin Sullivan/Getty Images

Sales of fully electric vehicles nearly doubled in 2022. Which carmakers came out on top?

Jan 6, 2023
EVs account for about 5% of car purchases, according to automotive website Edmunds. Rivals to Tesla are making inroads.
Tesla still holds an estimated 60% of the EV market, but its share has been declining.
Brandon Bell/Getty Images

Tesla's move to sell cars on tribal lands highlights sovereignty

Oct 19, 2022
Tribal nations, just like states, strive to create a regulatory environment that may bring economic benefits.
Tesla's entry into tribal land also means an entry into a  different legal structure.
Photo by Allison Dinner/Getty Images