Sales

In a surprising turn of events, Chinese electric vehicle maker BYD is set to overtake Tesla in battery electric vehicle sales this year. According to a report by Counterpoint Research, BYD’s market share in the BEV sector is expected to surge ahead of Tesla. This shift highlights the ever-changing landscape of the global EV market,
0 Comments
Tesla’s shares surged on Tuesday following the release of their second-quarter vehicle production and deliveries numbers, which exceeded analyst expectations. The company reported a total of 443,956 vehicle deliveries and 410,831 vehicle productions in Q2 2024. These figures outperformed the estimated 439,000 deliveries predicted by analysts, marking a 14.8% increase from the previous quarter. Although
0 Comments
Salesforce investors recently voted against the company’s compensation plan for top executives, citing concerns about equity awards granted to CEO Marc Benioff. Despite the board’s recommendation to approve the compensation plan, the resolution received 404.8 million votes against and only 339.3 million votes in favor at the annual meeting. For the 2024 fiscal year, Benioff
0 Comments
Tesla, the innovative electric vehicle company, has recently issued two recalls for its Cybertruck pickups in the United States. These recalls mark the third and fourth instances of safety concerns being raised about the Cybertruck. The recalls are centered around physical repairs that are necessary to address specific issues with the vehicle. The first recall
0 Comments