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70 new news items in the last 24 hours
Thursday 15:30

Tesla delivered 497,099 vehicles in Q3, with a 7% increase compared to last year, despite the decrease in production and the removal of tax incentives.

Lara Maior
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Economy
Mijansk786 / Shutterstock.com
In the third quarter, Tesla delivered 497,099 vehicles, a 7% increase compared to the same period last year, although production decreased to 469,796 units. Analysts' estimates varied, but Tesla felt a decline in sales in Europe due to negative reactions to Elon Musk's activities and competition from Volkswagen and BYD. In the US, purchases increased ahead of the elimination of the tax credit for electric cars, while Ford reported a 30.2% increase in electric vehicle sales.

Sources

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Ziarul Financiar
Veşti bune pentru Elon Musk: Vânzările Tesla au crescut cu 7% în al treilea trimestru al acestui an, ajungând la aproape 500.000 de maşini
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Economedia
Tesla a raportat pentru septembrie o creştere a vânzărilor pe mai multe pieţe europene
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News.ro
Tesla şi-a mărit în septembrie vânzările în Franţa, Danemarca şi Spania, dar a pierdut teren în faţa rivalilor pe piaţa europeană

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BYD's shares have dropped by over 30%, losing 45 billion dollars in market cap, and the strategy to reduce prices raises concerns.
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In August, Chinese car manufacturers sold more cars in Europe than Renault and Audi, due to the increase in sales of plug-in hybrid vehicles.
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BYD's revenues fell by 8% after the first quarterly profit decline in the last three years, despite robust external sales.
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