Tesla September Registrations Rise Across Europe, Extending Recovery

By admin October 1, 2026 No comment

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Tesla’s new-car registrations increased across several European markets in September, adding to signs of a recovery for the U.S. electric vehicle maker after two years of declining sales in the region. Registrations rose 61.9% in France, 2.2% in Norway and 38.4% in Sweden compared with the same month last year, according to data from national […]

Tesla’s Offshore Structure Cuts Tax Bill Despite Public Stance

By admin April 20, 2026 No comment

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Tesla Inc., led by Elon Musk, likely saved hundreds of millions in U.S. taxes through offshore financial arrangements, despite Musk’s public criticism of tax loopholes. A review of corporate filings suggests the company shifted around $18 billion in profits to subsidiaries in the Netherlands and Singapore, reducing its U.S. tax burden by at least $400 […]

Tesla Files Complaint Over Secret Recording at Berlin Plant

By admin February 11, 2026 No comment

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Tesla has filed a criminal complaint against a member of Germany’s IG Metall union for allegedly recording a non-public works council meeting at its Gruenheide plant near Berlin. According to an internal memo confirmed by the company, the external union representative attended the meeting as a guest but began recording proceedings on a computer, prompting […]

Tesla Europe Sales Still Struggle in January

By admin February 2, 2026 No comment

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Tesla’s car registrations across key European markets showed little sign of a strong recovery in January, traditionally a slow sales month. While registrations increased in Sweden and Denmark compared to the same period last year, they fell sharply in France and Norway, highlighting uneven demand across the region. In Sweden, Tesla registrations rose 26% to […]

Tesla Sales Slide Across Europe but Surge to Record in Norway

By admin January 2, 2026 No comment

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Tesla’s vehicle registrations fell sharply in several major European markets in December, underscoring a difficult year for the U.S. electric carmaker across much of the region. Sales dropped 66% in France and 71% in Sweden during the month, while declines were also recorded in Portugal and Spain. The weak performance reflects intensifying competition, an aging […]

Tesla Expands Battery Cell Production at German Gigafactory

By admin December 17, 2025 No comment

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Tesla has announced fresh investments to scale up battery cell production at its Gigafactory in Gruenheide near Berlin, aiming to produce up to 8 gigawatt hours of battery cells annually from 2027. The U.S. electric vehicle maker said it will invest an additional three-digit million euro amount, taking total investment in the local battery cell […]

Tesla Backs $1 Trillion Pay Deal to Keep Musk at the Helm

By admin November 8, 2025 No comment

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Tesla shareholders have approved a record $1 trillion pay package for Elon Musk, betting on his ability to transform the company into an $8.5 trillion enterprise over the next decade. Under the agreement, Musk will forgo a salary and receive payment only if he meets ambitious performance targets, including producing 20 million vehicles, developing one […]

Tesla Slashes UK Leasing Costs Amid Sharp Sales Decline

By admin August 18, 2025 No comment

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British motorists can now lease a Tesla electric vehicle for just over half the price compared to last year, The Times reported on Monday, citing industry sources. The price cuts come as Tesla offers discounts of up to 40% to leasing companies in an effort to clear excess inventory. The move is reportedly driven by […]

Electric Flying Taxi Industry Faces Turbulence Amid Financial and Technical Challenges

By admin November 27, 2024 No comment

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The promise of electric vertical take-off and landing (eVTOL) aircraft transforming urban mobility has hit significant hurdles, as leading innovators struggle with funding and technical setbacks. Germany’s Volocopter, which aimed to showcase its VoloCity air taxi at the Paris Olympics, failed to launch passenger services and is now relying on a potential $95 million

VW to invest up to $5bn in Tesla rival Rivian

By admin June 26, 2024 No comment

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Volkswagen (VW), the German automotive giant, has announced an investment of up to $5 billion (£3.94 billion) in Rivian, a competitor to Tesla. This partnership forms a joint venture allowing both VW and the US-based electric vehicle (EV) manufacturer to share technology. Following the announcement, Rivian’s stock surged nearly 50%. The collaboration comes amid