Tesla and Elon Musk passed up on 2023 ‘World’s Greatest Disruptors’ list

By William Johnson Posted on April 4, 2023 Newsweek has published its annual “World’s Greatest Disruptors” list for the automotive industry, notably excluding both Tesla and Elon Musk. No matter how you view Tesla CEO Elon Musk, his impact on the automotive industry and the world is clear, and at no time has it been …

Tesla (TSLA) analyst predicts more price cuts to come

By Maria Merano Posted on April 3, 2023 Tesla (NASDAQ:TSLA) analyst Dan Ives from Wedbush predicted that the company has room for more price cuts in the short term. During an interview, Ives explained Tesla’s current situation and its valuation.  Dan Ives stated that Tesla had to ultimately “rip the band-aid off,” referring to the …

Tesla China competitor BYD sells 552,076 NEVs in Q1 2023

By Maria Merano Posted on April 3, 2023 Tesla Giga Shanghai’s main competitor in China, BYD, sold 552,076 new energy vehicles (NEVs) in the first quarter of 2023. BYD’s NEV sales are up 92.81% year-over-year, but down 19.22% compared to Q4 2022.  In January 2023, BYD sold approximately 151,341 NEVS. While in February, the Chinese …