Tesla Inc. (NASDAQ:TSLA) shares have dipped amid fresh blows from slumping China sales and a high-profile investor revolt against Elon Musk‘s eye-popping $1 trillion pay package, yet the electric vehicle giant’s underlying momentum tells a defiant tale of resilience.Check out TSLA’s stock price here. Tesla’s Car Sales Drop In OctoberThe starkest setback hit in China, Tesla’s vital growth engine. October wholesale sales from its Shanghai factory plunged 9.9% year-over-year to 61,497 units—the lowest since Ma ...

Core Insights - Rivian reported third quarter results that exceeded estimates, with revenue of $1.55 billion, a 78% increase year-over-year, driven by a pull-forward in deliveries [1] - The company posted a loss per share of $0.65, better than the estimated loss of $0.71, while adjusted EBITDA loss was $602 million, slightly worse than the estimated $570.7 million [2] - Rivian maintained its full-year loss projection, reiterating an adjusted 2025 full-year EBITDA loss in the range of $2 billion to $2.25 billion [3] Financial Performance - Revenue for Q3 was $1.55 billion compared to the estimated $1.49 billion, marking a 78% increase from the previous year [1] - Gross profit was reported at $24 million, recovering from previous losses, while the adjusted EBITDA loss was $602 million [2] - The company continues to project a full-year loss, with capital expenditures estimated between $1.8 billion and $1.9 billion [3] Production and Delivery - In Q3, Rivian produced 10,720 vehicles and delivered 13,201 vehicles, aligning with expectations for a strong quarter [4] - The company maintained its 2025 delivery guidance range of 41,500 to 43,500 vehicles, narrowed from a previous range of 40,000 to 46,000 vehicles [4] Strategic Initiatives - The development of the R2 midsize crossover is crucial for boosting sales, with production on track for release in the first half of 2026 [5] - Rivian has completed the installation of all lines for the R2 body shop and expects to begin manufacturing validation builds by year-end [5]

Core Insights - China is the largest electric vehicle (EV) market, with BYD Co. Ltd. and NIO Inc. as prominent players [1][2] BYD Overview - BYD has evolved from a battery manufacturer in 1995 to the fastest-growing EV manufacturer globally, competing directly with Tesla [2][5] - The company has reported a revenue of 195 billion yuan in Q3 2025, a 3% decline year-over-year, with NEV sales down 1.8%, marking its first decline since early 2021 [6][8] - BYD's gross margin fell to 17.61%, and net profit decreased by 32.6% to 7.8 billion yuan due to aggressive pricing and competition [6][7] - Despite domestic challenges, BYD's global registrations in Europe increased nearly fivefold in September, and the company aims to double exports [9] NIO Overview - NIO delivered a record 87,071 vehicles in Q3 2025, a 41% increase year-over-year, driven by the success of the ONVO L90 model [10][13] - The launch of the All-New ES8 and a lineup of new models is expected to enhance NIO's presence in the premium SUV segment [11][13] - NIO's battery swap network, with over 3,500 stations globally, provides a significant convenience advantage, allowing full battery changes in three minutes [12] - Vehicle margins for NIO are projected to improve to 16-17%, with new models potentially achieving around 20% margins [13][14] Comparative Analysis - NIO appears better positioned in the near term due to strong delivery momentum and improving vehicle margins, while BYD faces slowing sales and profit pressures [15][16] - NIO's proprietary technology and infrastructure may provide a competitive edge in the crowded EV market [14][15]

Core Points - General Motors (GM) is laying off 1,750 workers indefinitely and temporarily cutting 1,670 others as it reduces electric vehicle production [1][2] - The company is scaling back production plans at Factory Zero in Michigan due to slower electric vehicle adoption and regulatory changes, anticipating a $1.6 billion loss for Q3 2025 related to these adjustments [2][6] - GM remains committed to its U.S. manufacturing operations and believes that its investments in flexible operations will enhance resilience [3] Production Adjustments - Production at Factory Zero will be paused through November 24, after which it will shift to one production shift, resulting in 1,200 layoffs for those not selected to return [6][11] - Adjustments are also being made at Ultium Cells battery plants in Warren, Ohio, and Spring Hill, Tennessee, to align with changing demand for electric vehicles [7][9] - Battery cell production at these facilities will be temporarily paused starting January 2026, with operations expected to resume by mid-2026 [9][10] Employee Impact - During the production pause, 850 employees in Ohio will be temporarily laid off, with an additional 550 cuts expected when the plant resumes operations [11] - The Spring Hill facility will also temporarily lay off 710 employees, who will be brought back when production resumes [13] - Affected employees may continue to receive a significant portion of their wages and benefits during the production pause, along with holiday pay [14]

Group 1 - General Motors is laying off thousands of workers across multiple electric vehicle and battery plants in the U.S. [1] - Approximately 1,200 employees at the EV factory in Detroit, Michigan are being placed on "indefinite layoff" [2] - Further cuts and temporary layoffs are occurring at GM's Ultium Cells battery factories in Ohio and Tennessee, with plans to idle these factories starting January 5 and resume production in mid-2026 [2] Group 2 - The job cuts follow GM's announcement of layoffs to some of its white-collar workforce and a $1.6 billion hit as it reworks its electric vehicle plans [3] - GM has recently ended its BrightDrop commercial electric van program, indicating a shift in strategy [3] - The company, along with many rivals, is reducing its push for EVs in the U.S. due to the loss of the federal tax credit and relaxed regulatory restrictions on internal combustion vehicles [3]

Key Points The struggling EV maker has been traveling a tortuous path. One expert believes Lucid shares could fall by 50% next year. Another, more optimistic analyst says shares are a strong buy. 10 stocks we like better than Lucid Group › Wall Street analysts don't know what to make of Lucid Group (NASDAQ: LCID) stock. Some are predicting 50% downside over the next 12 months, while others think shares could nearly triple in value. What's the truth? Let's look at two expert predictions. This ana ...

Core Insights - Tesla is currently valued at $1.4 trillion, with shares having tripled since 2020, but faces declining sales and increasing competition in the EV market [1][3] - The company's market share in the U.S. has dropped significantly, falling below 40% for the first time since 2017, indicating a loss of its early-mover advantage [5] - Despite challenges, Tesla's robotaxi division presents a potential growth opportunity, with estimates suggesting it could be worth over $1 trillion [1][7] Sales and Earnings Outlook - Analysts predict a 4% decline in Tesla's sales in 2025, with earnings potentially down by nearly 30% [3] - The company is expected to face another challenging year in 2026, particularly due to the expiration of federal tax credits that previously incentivized EV purchases [5] Competitive Landscape - Tesla's competition is intensifying, with new entrants like Rivian planning to launch models priced under $50,000, which could pressure Tesla's sales, especially since over 90% of its revenue comes from the Model Y and Model 3 [6] - The lack of new major model introductions in nearly five years has contributed to Tesla's declining market share [4] Technological and Capital Advantages - Tesla maintains significant technological and capital advantages over competitors, but the near-term outlook for raw EV sales appears bleak [7]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Tesla Inc (NASDAQ:TSLA) CEO Elon Musk was born in South Africa and spent 17 years there before moving to North America. The billionaire's EV company could be headed to Africa for the first time, but it won't be Musk's home country. Tesla Sets Sights On Africa In the company's continued international expansion, Tesla looks to have its eyes set on Africa with a new job listing highlighting a potential first ...

Core Insights - Rivian Automotive Inc. has faced significant challenges over the years, exacerbated by the struggles within the electric vehicle industry [1] Company Summary - Rivian has been described as "crippled" for years, indicating severe operational and financial difficulties [1] - The electric vehicle sector, in which Rivian operates, has been described as "battered," suggesting a broader context of challenges affecting multiple companies within the industry [1] Industry Summary - The electric vehicle industry is currently experiencing heightened difficulties, which have negatively impacted companies like Rivian [1]

Core Insights - The EV maker's shares experienced a rally on Thursday following the announcement of third-quarter earnings that were weaker than expected [1] Company Summary - The company reported third-quarter earnings that did not meet market expectations, which typically would lead to a decline in share prices, yet the opposite occurred with a rally in shares [1]