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The Latest Breaking News on Ford U.S. EV Sales Decreased 11% In January 2024

Tesla Extends Slide On Latest China EV Price War Offensive; Cathie Wood Keeps Selling TSLA

The EV giant hiked Model S and Model X discounts in China, adding to margin-killing price cuts. Tesla stock is down 13% in August already.

Investors Business Daily

You can now buy a cheaper Tesla – but there's a catch

Users can pick up a Tesla Model S or a Tesla Model X for even less – but you'll have to make sacrifices

Tesla’s Model S and Model X EVs Just Got a Lot More Affordable

Tesla is bringing back Standard Range trims for its Model S and Model X which have less range but a more affordable price tag.

Inverse

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Tesla's Average Transaction Price Was $54,660 In July, Down 20% YOY

Tesla helped bring down EV average transaction prices nearly 18 percent year over year in July 2023 to $53,469 from $65,108 one year ago.

InsideEVs

Tesla Fires Another Round In EV Price War With Cheaper Model S, X, As Top Investor Keeps Selling

Tesla stock is down 10% in August with Cathie Wood dumping shares in three straight sessions. Tesla launched cheaper Model S and X trims Monday.

Investors Business Daily

Stellantis' Plans To Build $25,000 EV In US Clash With UAW Demands

"Stellantis' business model is broken, and until they fix it, they'll never hit that $25,000 target," UAW President Shawn Fain said in a statement.

InsideEVs

Tesla Cuts China Prices As This Major Investor Unloads Shares With TSLA Hitting Sell Signal

Tesla stock ended last week more than 2% below its 10-week line.

Investors Business Daily

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Tesla restarting its price war in China with new cuts

Tesla is cutting the prices of some of its Model Y cars by just over $1900 as it seeks to juice weak sales in China.

Fortune

How Canberra's love affair with EVs drives us toward China

China produces more EVs than any other country. But its ACT sales are interesting.

The Canberra Times

Is This "Overlooked" EV Stock Still a Buy After Nearly Doubling in 2023?

Li Auto stock has nearly doubled in 2023, and Wall Street is finally taking note. The stock could still offer good returns in the long term, given its strong execution track record and reasonable valuations.

Barchart

Tesla Bull Sees Rivian As “One Of The Core EV Players Over The Next Decade

After posting its Q2 results, Rivian bumped its production guidance to 52,000 units for this year, up by 2,000 units from the previous estimate.

InsideEVs

Volvo’s Owner Calls Tesla’s Model S Plaid ‘Dull,' Teases New Electric Sports Car

Zeekr's upcoming electric sports car, the 001FR, could challenge EVs like Lucid's Air Sapphire or Tesla's Model S Plaid.

Inverse

BYD Celebrates Five Million Plug-In Vehicles Produced

BYD, one of the largest plug-in electric vehicle manufacturer, announced that its cumulative production of New Energy Vehicles (NEV) just reached 5 million.

InsideEVs

Look Inside The Electric Future Of German Luxury Automakers

The three main German luxury automakers are taking distinct paths towards electrification.

InsideEVs

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Barchart

2 EV Stocks to Avoid in August

EV stocks have come off their recent highs amid the recent downturn in wider markets. With the industry facing some serious headwinds in the short to medium term, I believe investors should avoid Nikola and Lucid Motors shares - here's why.

StockNews.com

Exploring the 3 Auto Stocks Gaining Traction

The auto industry is expected to witness solid growth this year, thanks to strong demand for new vehicles, the stabilization of supply chains, a growing shift to EVs, and rapid technology adoption. Hence, quality auto stocks Bridgestone (BRDCY), LKQ Corporation (LKQ), and Modine Manufacturing (MOD) could be ideal buys now.…

InsideEVs

Tesla Reportedly Leases Office Space In India, Hinting At Imminent Market Entry

This latest development is another piece of the puzzle that indicates Tesla is preparing to enter the Indian market soon.

The Independent UK

Surge in used car sales as demand for EVs soars

Some 1.83 million cars changed hands in the UK between April and June, the Society of Motor Manufacturers and Traders said.

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StockNews.com

What Should You Do With Shares of Tesla, Inc. (TSLA) This Week?

Tesla, Inc (TSLA) is well-positioned for significant long-term growth, as seen by its continual operational breakthroughs. However, with the company cutting its EV prices, what should you do with shares of TSLA this week? Let’s find out.

InsideEVs

World’s Top 5 EV Automotive Groups Ranked By Sales: H1 2023

Five OEMs were responsible for the majority of global plug-in electric car and all-electric car sales during the first half of 2023.

Zenger

Tesla China Sales Sag, Fisker Touts Cybertruck Killer, Nikola C-Suite Revolving Door And More

Market leader Tesla, Inc. (NASDAQ:TSLA) ended the week lower as it retreated alongside its tech peers amid macro concerns.

StockNews.com

3 Quality Auto Stocks to Watch for August

Following a rough 2022, auto sales rose in the first half of this year, indicating robust demand. Hence, fundamentally strong auto stocks Tesla (TSLA), Wabash National (WNC), and Blue Bird (BLBD) might be ideal to add to one’s watchlist for this month. Read more.

InsideEVs

BYD Atto 3 Electric SUV Outsold Tesla Model Y In Sweden Last Month

The Tesla Model Y remains the best-selling electric vehicle in Sweden in the first seven months of the year with 8,901 registrations.

Evening Standard

Electric vehicle registrations soar in July ahead of ULEZ expansion

A new electric vehicle was registered every 60 seconds

Barchart

2 Top EV Stocks to Buy in August

Electric vehicle (EV) stocks have been quite volatile in recent years, and some startups have outright crashed. However, as the trend toward vehicle electrification gains traction globally, NIO and Rivian look like two EV stocks to buy at current levels.

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