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Tesla (TSLA) Model Y registrations surging in U.S. says Kelly Blue Book

July 13, 2023 2:38 PM EDT

Kelly Blue Book, one of the most trusted automotive valuation and research companies, released the results of a study Wednesday showing that registrations for the Model Y, Teslas (NASDAQ: TSLA) least expensive SUV, grew by 103% between January and May. The Model Y currently starts at... More

Tesla (TSLA) in talks to build factory in India

July 13, 2023 8:35 AM EDT

According to reports buy the Times of India, Thursday, Tesla (NASDAQ: TSLA) is discussing an investment proposal with the Indian government to set up a factory with an annual capacity to produce about half a million electric vehicles.

According to the report, the vehicles will have a starting price of 2 million rupees... More

Tesla (TSLA) Model 3 tax credits likely reduced after Dec. 31

July 12, 2023 4:27 PM EDT

According to information posted on Tesla's (NASDAQ: TSLA) website on Tuesday evening, the federal tax credits of $7,500 for Tesla's Model 3 electric vehicles are expected to decrease after December 31.

The move comes as the U.S. government prepares to implement stricter regulations on batteries next year, with the aim of promoting domestic production of this essential... More

Mercedes-Benz doubles EV sales in 2Q

July 11, 2023 9:48 AM EDT

German luxury automaker, Mercedes-Benz released their second quarter sales results Tuesday, reporting a 6% rise in sales (to 515,700 vehicles) compared to the same time last year. According to Mercedes, Electric vehicles continued to be the main growth driver in the quarter, with passenger cars sales more than doubling (123%) to reach 56,300... More