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China versus Tesla: Why Australia is enjoying an electric vehicle price war

The Driven EV News

Australia is enjoying an EV price war as Chinese brands lead the charge against Tesla, which could be pushed into finally producing a lower-price, lower-spec vehicle that competes at the lower end The post China versus Tesla: Why Australia is enjoying an electric vehicle price war appeared first on The Driven.

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Tesla (TSLA) gets “Buy” rating and $295 price target from Deutsche Bank

Teslarati

Tesla ( NASDAQ:TSLA ) has received an optimistic “Buy” rating and $295 price target from Deutsche Bank analyst Edison Yu. The analyst launched his coverage of the electric vehicle maker after former Deutsche Bank analyst Emmanuel Rosner–who used to cover Tesla for the firm–moved to Wolfe Research.

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Tesla (TSLA) slashes prices across all its electric vehicles again

Electrek

Tesla (TSLA) has implemented a new wave of price reductions across its entire lineup of electric vehicles. Prices on some models are down by as much as $5,000 overnight. more… The post Tesla (TSLA) slashes prices across all its electric vehicles again appeared first on Electrek.

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Price war helps electric vehicle sales rebound in May, as BYD eats into Tesla market share

The Driven EV News

EV sales see a rise with over 8,000 electric cars sold in Australia in May, but with BYD and other Chinese car makers eating into Tesla's dominant market share. The post Price war helps electric vehicle sales rebound in May, as BYD eats into Tesla market share appeared first on The Driven.

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VW slashes prices in Europe to compete with Tesla

Electrek

Volkswagen said it wouldn’t get involved in a price war with Tesla. But now it too is dramatically slashing prices on its ID line of electric vehicles in Europe, following Tesla’s price cuts for the top-selling Model 3 and Model Y.

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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. No element has become more synonymous with electric vehicles than lithium. None of the modern batteries that make electric vehicles possible could exist without lithium.

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Tesla adjusts electric vehicle pricing in the US again

Electrek

Tesla is again adjusting pricing for its electric vehicle in the US – making it the fourth time in just over a month. more… The post Tesla adjusts electric vehicle pricing in the US again appeared first on Electrek.