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Tesla to Increase Model Y Price in Europe

Electric vehicle (EV) manufacturer Tesla is set to raise the price of its Model Y EVs in multiple European countries on March 22. The company announced on its official X account that it would increase the price by 2,000 euros (approximately $2,177). This will...

Tesla Slashes Prices in China in Sales Push

Tesla announced on Wednesday that it has slashed the prices of its Model S and Model X cars in China by as much as 6.9%. This comes after concerns emerged about the EV maker's profit margin in the Chinese market. A post from Tesla on...

Tesla Shares Drop After Disappointing First-Quarter Earnings Results

Electric vehicle maker Tesla reported disappointing first-quarter earnings results on Tuesday that saw the company miss out on total gross margin estimates. This sent the company’s stock on a downward trajectory in after-hours trading and a dip of more than 4%. Tesla reported revenue of...

Tesla Slashes Prices of its Model X and Model S for the Second Time This Year

Electric car maker Tesla really wants more people to buy its Model X and Model S. After slashing the price of X and S in early January, the company is now offering even lower prices for its most expensive models. A quick look at Tesla’s...

Tesla Owners in China Protest Recent Price Cut

Tesla stocks climbed by almost 6% during early trading Monday despite the electric vehicle maker's decision to cut its prices on Friday. This decision led to demonstrations by Tesla owners. Protests erupted across Tesla showrooms in China, where vehicle owners demanded rebates and credits for...

Tesla Stock Loses 6% Following Price Cut Announcement

Shares in electric vehicle maker Tesla fell by almost 7% in pre-market trading on Friday after the company announced its decision to slash the prices of two of its models in China. This comes as Tesla looks to combat the country's declining demand figures. While...