In this articleFTSLAGMA large number of new energy vehicles for export park at a car terminal on the Hangzhou section of the Beijing-Hangzhou Grand Canal in Hangzhou, Zhejiang Province, China, on June 2, 2025. Costfoto | Nurphoto | Getty ImagesDETROIT — The unraveling of the U.S. electric vehicle push is increasingly raising concerns of an existential crisis for the American auto industry, as Chinese carmakers surge ahead in the technologies that many still believe will define the next era of cars.The lates ...

Sales Summary According to preliminary estimates, US Light Vehicle (LV) sales grew by 0.5% year-on-year (YoY) in January, to 1.11 mn units. January 2026 had one additional selling day compared to January 2025, so on a selling day-adjusted basis, sales fell by 3.3% YoY. The daily selling rate was measured at 42.5k units/day in January, down from 57.2k units/day in December. The annualized selling rate was estimated at 14.9 mn units/year in January, down from 16.3 mn units/year in December. Retail sales were ...

Core Insights - Tesla is introducing a new, more affordable Model Y variant, starting at $43,630, which is $7,000 less than the Premium AWD version [1] - The new Model Y AWD trim has a range of 294 miles, making it the shortest range among Model Y options, while the recently introduced Standard RWD trim starts at $41,630 with a range of 321 miles [2] - The AWD version accelerates from 0 to 60 mph in 4.6 seconds, which is 2.2 seconds faster than the RWD model [3] Product Line Adjustments - Tesla has removed the "Standard" label from its entry-level Model 3 and Model Y, now referring to them as "Rear-Wheel Drive," while higher trims retain "Premium" and "Performance" designations [4] - The company is discontinuing the Model S and Model X, which have been the weakest sellers in its lineup, as part of a strategy to focus on future technologies like autonomy and robotics [5] Sales Performance - Tesla's overall vehicle sales have declined by 9%, with the company losing its global EV sales leadership to BYD and being surpassed by Volkswagen in Europe [6] - In 2024, Tesla sold a combined total of 50,850 units of the Cybertruck, Model S, and Model X, accounting for just over 3% of its total sales of 1,636,129 vehicles [6]

Samuel Tremblett pleaded with a 911 operator to be rescued from his burning Tesla Inc. Model Y SUV after a crash in October: “I can’t get out, please help me.”The transcript of the 20-year-old’s emergency call was included in a lawsuit filed Wednesday, the latest to allege that a driver or passenger died after they were unable to open the electrically powered doors on their Tesla vehicle after a crash. “It’s on fire. Help please,” Tremblett said, according to the lawsuit. “I am going to die.”Details of the ...

While electric vehicle (EV) continue to draw investor interest, they are no longer trading on hype alone. Instead, investors are picking stakes in companies that demonstrate growing demand, scaling production, improving margins, and limited dilution risk. Two key contenders are U.S.-based Rivian Automotive (NASDAQ: RIVN) and China-based Nio (NYSE: NIO). Both EV companies offer solid products and offerings, but one of them seems better positioned for the next couple of years. Let's see which one. Where to ...

Tesla Stock: EV Giant Begins 2026 With Solid China Sales As Musk Appears To Shift Focus | Investor's Business DailyBREAKING: [Eli Lilly Surges As Obesity Drugs Fuel Strong Earnings, Guidance]---Tesla (TSLA) sales of China-made electric vehicles in January increased more than 9% compared to a year ago, representing a decent start to the year even as CEO Elon Musk seems to be shifting focus away from EV manufacturing to focus more on autonomous vehicles and humanoid robots. China-made Tesla Model 3 and Model ...

Core Viewpoint - Lucid Group, despite producing impressive electric vehicles, is struggling financially and has not been able to compete effectively with Tesla in the American EV market [3][10]. Financial Performance - In Q3 2025, Lucid reported revenue of $337 million, a 68.5% increase compared to Q3 2024, driven by a 47% year-over-year rise in new vehicle deliveries [5]. - The company experienced a significant cash burn, starting the year with over $5 billion and ending Q3 2025 with $2.9 billion, alongside total debt of $2.8 billion, which increased by 2% year-over-year [6]. - Despite a revenue increase of $136 million, costs rose by $257.7 million, leading to a net loss reduction from $992.5 million in Q3 2024 to $978.4 million in Q3 2025 [7]. - Free cash flow losses deepened from -$622.5 million in Q3 2024 to -$955.5 million in Q3 2025, with a gross margin of -99.12% [8]. Market Position and Competition - Lucid's pricing strategy shows the Air is cheaper than Tesla's Model S, but the Gravity SUV is more expensive than the Model Y, limiting its appeal to price-sensitive consumers [9]. - The discontinuation of the Model S by Tesla may not significantly benefit Lucid, as it lacks a competitor to the Model 3 priced at $36,990 [10].

Hello and welcome to Market Domination. I'm Josh Lipton live from our New York headquarters. Just now to go now until the closing bell on stocks, they are falling as investors digest the flood of earnings and there's a big rotation out of tech.But first, we're diving into the latest in Disney's long awaited succession plan. Disney making it official. Company naming Josh Dearo, its next CEO taking over for Bob Iger later this year.Tomorrow oversees the parks and cruises business which has been a key profit d ...

China banned concealed door handles on electric vehicles, the first country in the world to outlaw a design popularized by Tesla Inc. that is now facing global regulatory scrutiny due to a spate of deadly incidents.Cars sold in China will be required to have mechanical release both on the inside and outside, according to new safety rules issued by the Ministry of Industry and Information Technology on Monday. The ruling will take effect on Jan. 1, 2027, the ministry said. Models that have already been appro ...

BYD Co. is weighing options to expand in India, including local assembly to meet surging demand for the Chinese automaker’s electric vehicles, according to people familiar with the matter.The company is evaluating some form of local assembly in India and working on obtaining local safety and regulatory certifications for more models because of import quotas, the people said, asking not to be identified because the plans have not been publicly disclosed.Though India previously rejected BYD plans to build a f ...