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Tesla [TSLA] Still Worth More Than Toyota, Porsche, Mercedes, & Hyundai Combined

CleanTechnica EVs

Tesla’s stock price and market cap are down considerably this year, on the back of slightly drooping sales (instead of 50% growth year over year), rumors of the more affordable Tesla being canceled, and a slow Cybertruck (and Semi) ramp-up. Tesla Full Self Driving (Supervised) has improved greatly with version.

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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

The Tesla Model Y continues to lead the electric car surge in Australia, finishing fourth outright on the sales ladder in July. Add in 604 Model 3 sedan sales and Tesla claimed eighth overall in July with 3934 sales. It also sits eighth for the year with 29,511 sales. That tally will spiral when the BYD Dolphin arrives.

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2023 electric car sales record led by Tesla, BYD and MG – but luxury brands are also doing plenty of EV heavy lifting

EV Central

BYD, Tesla and MG accounted for 74 percent of a record 87,217 EVs sold in Australia in 2023. Sales figures released by the Federal Chamber of Automotive Industries showed its was relatively new brands leading the way with electric car sales – with Tesla accounting for 53 percent of all EV sales. percent industry average.

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GWM Ora Sport on ice, but sleek high-performance EV could still get the tick of approval as a sporty rival to Tesla, BYD

EV Central

The sleek five-door with styling similarities to a Porsche Panamera is instead being put on ice as the fast-growing Chinese giant monitors the evolution of the local EV line-up. That’s made the Ora the most affordable EV on the market in recent months, something that has done little to boost sales.

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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

During the pandemic, Volkswagen fell behind in the Chinese auto market as companies like BYD, Nio, and Tesla took over, with the competition nearly doubling the market’s EV and hybrid offerings (via Bloomberg ). Volkswagen had just around 145,000 sales. automaker’s lineup-wide price cuts made throughout this year.

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Volvo EX60 set to arrive as new Tesla Model Y, Porsche Macan luxury electric SUV rival

Baua Electric

The new EX60 will rival premium models from Tesla, Porsche, BMW, and Mercedes-Benz. Volvo set a new sales record in the first three months of the year with growing demand for its electric models. Volvo set a new sales record in the first three months of the year with growing demand for its electric models.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association. EV sales grew more than 13 per cent in March, which was substantially faster than petrol, diesel and hybrid vehicles. READ MORE: We buy a used Porsche Taycan!

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