Tesla has slashed prices globally on its electric vehicles by as much as 20 percent, extending an aggressive discounting strategy and challenging rivals after missing Wall Street delivery estimates for 2022. The move
Read More
Mazda has revealed its first rotary-engined car in a decade – and it’s a city SUV with plug-in hybrid power. An Australian launch is believed to be at least 12 months away. View 16
Read More
Snapshot 2024 Mazda MX-30 R-EV plug-in hybrid revealed Rotary engine returns to a brand-new Mazda Features a 600-kilometre combined driving range; priced identically to the MX-30 EV in Germany The 2023 Mazda MX-30
Read More
Still, some users on Tesla fan forums online complained the price cuts disadvantaged customers who had recently bought their vehicle, leaving them with a lower-valued item on the second-hand car market. “I’m not
Read More
Tesla’s market dominance is expanding. Elon Musk’s company isn’t just the highest-selling EV maker in the US anymore. Last year also saw it become the country’s best-selling luxury car brand, according to Jalopnik.
Read MoreElon Musk has broken the world record for the largest loss of personal fortune in history, according to a Guinness World Records report. The tech billionaire has lost approximately $182bn (£150bn) since November
Read More
Tesla has reportedly overtaken BMW to become the top luxury car brand in the US for 2022, becoming the first American vehicle manufacturer in 25 years to hold the title. Tesla sold over
Read More
In 2022, the automobile sector recorded milestone sales of 1 million units of electric vehicles (EVs), contributing close to 5% of overall automobile sales. While there is positive growth momentum in EVs, considering
Read More
This past week we’ve seen chaotic scenes of Tesla customers in China storming the electric vehicle brand’s showrooms in protest that price reductions weren’t being passed on to buyers who had already placed
Read More
Against a backdrop of share price turmoil and unending controversy, Tesla clinched the top sales spot for luxury cars in the US last year. As reported by Jalopnik, Tesla wrested the top spot
Read More