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Keywords: Tesla
The new six-seat Model Y L from Tesla has emerged as a strategic success in China, amassing over 120,000 orders since its debut on August 19. Averaging nearly 10,000 orders daily, the SUV began deliveries on September 2, marking Tesla’s most significant product expansion in the Chinese market in......
Chinese electric vehicle manufacturer Xpeng has made headlines with a stunning commercial success: its new P7 electric sedan received 10,000 orders in just 6 minutes and 37 seconds after launch. The overwhelming demand highlights the growing confidence of Chinese consumers in domestic EV brands —......
Chinese automotive interior materials manufacturer Kuntai has announced plans to establish a $13.7 million production facility in Morocco. The investment, led by its subsidiary Kuntai Hongjing Co Ltd, marks a significant step in the company’s international expansion strategy. Integrated production......
Tesla has awarded 96 million shares—worth approximately $29 billion—to CEO Elon Musk, despite an ongoing legal battle surrounding his controversial compensation package. According to a filing with the U.S. Securities and Exchange Commission on Monday, Musk was authorized to purchase the......
Tesla’s stock price plunged more than 5% in premarket trading on Tuesday as tensions between President Donald Trump and billionaire Elon Musk intensified. The feud, which has centered on government subsidies and congressional spending, has shaken investor confidence, pushing Tesla shares below......
Tesla has officially entered the Moroccan market by creating a local subsidiary headquartered in Casablanca. The move positions Morocco as a key hub for Tesla’s operations in North Africa and a launchpad for its broader ambitions across the African continent. The subsidiary, established on May......
The escalating feud between Elon Musk, CEO of Tesla, and former US president Donald Trump has triggered a sharp sell-off in Tesla shares, wiping out roughly $150 billion in market value. On Thursday, Tesla stock plunged 14%, marking one of its steepest declines in recent months as tensions between the......
Elon Musk, the CEO of Tesla and a close associate of U.S. President Donald Trump, has entered a heated dispute with the administration over its latest budget proposal. Musk’s outspoken criticism of Trump’s massive tax reform plan triggered a sharp fallout, leading to a dramatic drop in Tesla......
Tesla's electric vehicle sales in the European Union dropped by half in April, while Chinese manufacturers gained ground during the same period, according to data released on May 27 by industry sources. The sharp decline is attributed to the controversial stance of Tesla’s CEO, Elon Musk, particularly......
