Canada china-made tesla ev sales articles
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Tesla to cut workforce as China accelerates into EV sector
NEW YORK -- Tesla CEO Elon Musk told employees on Monday that the electric vehicle giant is cutting 10% of its global workforce, marking the...
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Tesla: EV giant cuts prices in major markets as sales fall
The move comes after the firm reported a sharp fall in deliveries in the first three months of 2024.
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China's highflying EV industry is going global. Why that has Tesla and other carmakers worried
The U.S.-China rivalry has a new flashpoint in the battle for technology supremacy: electric cars. So far, the U.S. is losing. Last year, China became the world’s foremost auto exporter, according to the China Passenger Car Assn., surpassing Japan with more than 5 million sales overseas. New energy vehicles accounted for about 25% of those exports, and more than half of those were created by Chinese brands, a shift from the traditional assembly role China has played for foreign automakers. “The...