As Tesla’s sales decline following Musk’s forays into US politics and amid a lack of new models, BYD has overtaken it to become the world’s largest manufacturer of EVs. Its annual revenues surpassed $100 billion for the first time in 2024.

Ross Gerber told BI that "there's nothing good for Tesla" in Trump's budget bill, and the stock should be trading more in line with mega-cap peers.

The Wall Street Journal, citing people familiar with the situation, on Tuesday reported that Troy Jones, who on his LinkedIn page is described as a vice president of sales and service in North America, has left Tesla after a 15-year run with the EV maker. Tesla did not respond to a request for comment in time for publication.

On July 2, Tesla published its delivery numbers for the second quarter of 2025 (ended June 30), and they dropped yet again from a year ago. The company will report its financial results for the same period on July 23, which will show investors how its revenue and earnings were impacted by the sluggish EV business.

Tesla's top sales executive in North America, Troy Jones, has left the electric vehicle maker in the latest senior departure at the company, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Tesla has opened its first showroom in India, marking the electric vehicle maker’s long-anticipated debut in the world’s third-biggest automotive market.

Sales of Tesla's most popular EV actually fell from last year despite the introduction of an updated model. That's not a good sign.

Tesla entered India's market for the first time on Monday, making its Model Y SUV available and opening its first showroom in the nation.

When Tesla first hit the market in 2008, CEO Elon Musk didn't just introduce a new car to the world, he changed the industry by redefining what a car could be. While not everyone was on board