Tesla among electric carmakers forced to cut prices as market stalls
The Guardian -

EV sales have plateaued across the world but the newfound glut of vehicles may just be temporaryElon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, Tesla, has struggled to maintain its momentum: sales have dropped this year, and so has its share price.Those struggles have become emblematic of a broader reckoning facing the electric vehicle (EV) industry. After the soaring demand and valuations of the...

Related Articles

Latest in News

More from The Guardian | Automotive industry Electric hybrid and low-emission cars Automotive emissions Stellantis Ford Chinese economy China Germany Manufacturing sector Asia Pacific Business Ethical and green living Motoring Greenhouse gas emissions Europe Environment Technology Travel and transport World news Elon Musk Tesla