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Musk s sales alert sparks $80B plunge in Tesla s market valuation

Tesla shares slid by over 12% on Thursday, after its head billionaire Elon Musk warned sales growth would dampen this year despite the reduction in prices.

Tesla plans to build new mass-market EVs in mid-2025: Sources

Tesla has shared plans with suppliers to commence production of a new mass-market electric vehicle (EV) codenamed Redwood in mid-2025, according to four.

Laos to grow EV market, fuelled by renewable energy ambitions

The burgeoning popularity of electric vehicles (EVs) in Laos has marked significant growth in 2023, with a total of 4,631 EVs sold, comprising 2,592 cars and 2,039 motorbikes.

Turkish automaker Togg launches 2024 orders for its electric SUV

Turkish electric car manufacturer, Togg announced Saturday it was launching the order period for 2024 for its first smart device model, the C-segment SUV.

Tesla halts production in Germany due to Red Sea-tied disruption

Electric car maker Tesla announced Thursday night that it would be temporarily halting most production at its German factory, citing supply chain.

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