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Tesla slashes Model Y price by up to Rs 9 lakh in India to spur demand

Tesla has significantly reduced Model Y prices in India, with the Premium RWD now costing Rs 9 lakh less. This strategic move aims to boost demand for its imported EVs, making them more accessible to a wider audience.

Times of India 11d ago

Premium plan: China’s EV makers pin hopes on high-end models to buttress margins

Chinese electric vehicle (EV) makers are speeding up their pivot to the premium segment, where they hope to secure higher profit margins and dodge the cutthroat market’s most vicious price competition. New models launched by carmakers including Nio and Seres also mount a challenge to Tesla’s bestselling Model Y in the world’s largest EV market. “Intensified efforts to gain ascendancy in the premium segment show the carmakers’ confidence in their technologies,” said Chen Jinzhu, CEO of...

South China Morning Post 12d ago

Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror

Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror Tesla’s China sales rebounded in May on financing incentives and stronger demand, but local competitors are gaining momentum The factory in Shanghai’s Lingang free-trade zone delivered 85,982 Model 3 and Model Y vehicles last month, up 39.4 per cent from a year earlier and 8.2 per cent from April, according to Tesla China. The figure includes deliveries to customers in mainland China as well as exports to overseas...

South China Morning Post 7d ago

Tesla's China-made EV sales jump nearly 40% in May as domestic market rebounds

Sales of Tesla's China-made electric vehicle rose by nearly 40% in May amid a broader recovery in the country's EV market. The automaker in May delivered 85,982 new energy vehicle units from its Shanghai Gigafactory — where it produces Model 3 and Model Y units for China and several overseas markets — according to preliminary data published Tuesday by the China Passenger Car Association. That's a 39.4% year-on-year increase over the same period in 2025.

CNBC 7d ago

Rivian is betting on its R2 EV to turn the automaker into a household name like Tesla

PARK CITY, Utah — Rivian CEO RJ Scaringe is energetic as he makes his way through displays for the electric vehicle maker's new R2 SUV. The company founder moves quickly from the EV's suspension and software systems to different models of the R2 that will soon begin to reach American consumers, including a roughly $45,000 entry-level model that Rivian said Tuesday is being pulled ahead from late 2027 to next summer. But there's an anxiousness in Scaringe's voice as he talks to employees and...

CNBC 1d ago

Tesla marks UK sales milestone as fierce competition looms

Tesla marks UK sales milestone as fierce competition looms UK motorists have turned to electric vehicles as fuel prices soared - Bookmark - CommentsGo to comments Tesla has announced it delivered its 300,000th vehicle in the UK last month, coinciding with a significant surge in electric car sales. The US manufacturer confirmed this milestone was reached with a Model 3 delivered in Manchester on 30 May, a decade after its first UK delivery in 2014. Company figures indicate 2,897 UK deliveries...

The Independent UK 7d ago

Elon Musk is steamrolling Wall Street to become a trillionaire

Today on Decoder, I’m talking to Ryan Mac, a technology reporter at The New York Times and coauthor of the excellent book Character Limit: How Elon Musk Destroyed Twitter, which came out in 2024. I can’t recommend it enough. I wanted to have Ryan on the show because we’re on the cusp of the SpaceX IPO, which promises to be one of the most consequential public offerings in history for a variety of reasons — its biggest-ever size, of course, at nearly $2 trillion dollars, but also because all...

The Verge 6d ago

Rivian R2 2026: Specs, Price, Availability

For years, Rivian made one argument: Serious all-electric adventure vehicles had to cost serious money. The R1S, still one of the more capable off-roaders on any surface, starts at $75,900. The Tri Max configuration tips well past $105,000.

Wired 1d ago

2027 Rivian R2 first drive: Rivian's second SUV is its best yet

2027 Rivian R2 first drive: Rivian's second SUV is its best yet It's not perfect, but Rivian's latest shows this company is playing for keeps. The Rivian R1, in both its pick 'em up R1T truck form and family-focused R1S SUV shape, has proven to be a strong statement from the plucky EV company based in Normal, IL. While sales volume and profitability still elude the startup, the original design and high quality of both those models show that this was not to be a one-and-done disaster like Fisker.

Engadget 1d ago

The Best Headlights in the World Are Illegal in America

Driving after dark used to be a haven. Late at night, there’s no rush-hour traffic, just the meditative hum of the passing miles. But these days, my eyes can’t take it anymore.

The Atlantic 1d ago