As sales plummet, Tesla makes a big bet on India

Photo: Brandon Bell

Tesla is finally entering India. The all-electric automaker will open its first showroom in the country on July 15 in Mumbai, marking a long-awaited entry into one of the world’s largest and fastest-growing automotive markets. Invitations to the launch event began circulating on social media late last week. “Launch event. Exclusive invitation,” reads the elegant … Read more

Tesla’s sales plunge in Europe as Elon Musk’s company faces crisis and Chinese rival

Tesla's sales plunge in Europe as Elon Musk's company faces crisis and Chinese rival

Tesla’s sales in Europe fell in April as the electric car maker faced backlash over Elon Musk’s political work and growing competition from Chinese rival BYD. Tesla sold just 7,261 cars in the region last month, compared to 14,228 units sold in the same month a year ago, according to data from the European Automobile … Read more