Tesla’s profits slumped 23 per cent as worldwide sales of its electric vehicles continued to fall steeply as the car makers freefall since chief executive Elon Musk’s spectacular public bust up with ...

Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and in some cases, turn to more affordable competitors' offerings. "The ...

TeslaTSLA late Wednesday reported second-quarter earnings falling 23% with sales also dropping. The conference call began at 5:30 p.m. ET with all the focus on CEO Elon Musk's comments, especially ...

Li Auto has begun presales of its first fully electric SUV, the i8, in China. The six-seat crossover offers up to 720 km ...