Not only did Tesla have a significant first-mover (or, maybe, fast-follower) advantage with electric cars, the company also collected a fiercely loyal set of buyers. This presented a real challenge for luxury brands as Tesla was mostly taking buyers from them and not giving them back.

General Motors has accelerated EV sales and market share while Texas-based Tesla cratered this spring due to criticism of Musk.

Tesla owners are used to updating their vehicle’s software every few weeks or so. Updates are usually minor and don’t generally alter the overall driving experience.

Tesla launches the Model Y in India at $69,770, its highest global price, as it opens its first showroom in Mumbai and tests the premium EV market.

Tesla reported its second quarter of underwhelming sales in a row on Wednesday.Elon Musk's automaker could really use its long-promised affordable EV right now.Tesla said it would start making cheaper models in the first half of 2025,

We're looking at how Elon Musk's new political party is affecting Tesla, as well as the latest updates on tariff talks between the EU and the United States.

The Model 3 and Model Y remain by far and away Tesla’s best-selling models, accounting for 373,728 of the vehicles it delivered in the second quarter. By comparison, the Model S, Model X, and Cybertruck accounted for just 10,394 combined sales.