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Here’s why South Koreans are freaking out over EV fires lately.

Electric cars made in China are getting a break after the EU cut proposed tariff rates on EV imports. Tesla and BYD are among the automakers set to benefit from the adjusted EU tariffs. Here’s a look at the new rates. more…

Also, Trump confirms an advisor spot for Musk while looking into EV tax credit cuts, and Tesla escapes Europe’s higher EV tax.

If you don’t want the Model Y, consider these electric crossovers instead.

Tesla China’s Vice President of External Affairs, Grace Tao, provided an update on the company’s upcoming Megafactory in Shanghai. According to Tao, Tesla’s Megafactory construction in Shanghai is about 45% complete.  “Now, Tesla’s first energy storage Gigafactory outside the United States is also speeding up construction, with the progress reaching Read more

The European Commission recently dropped Tesla China’s import tariffs to 9%. On July 5, the Commission imposed provisional tariffs on electric vehicle (EV) imports from China. The tariffs reached about 38% for some automakers manufacturing EVs in China. The Commission’s provisional tariffs also affected European automakers, like Tesla and Volkswagen, Read more

Tesla China saw 14,300 new vehicle registrations in the week of August 12-18, 2024. This represents a 7.74% drop from the 15,500 registrations that the electric vehicle maker saw in the week ending August 11, 2024. Tesla China does not report its weekly domestic sales figures, though a general idea Read more

The European Commission reduced Volkswagen’s import tariff rates for the Cupra Tavascan, produced by the German automaker’s SEAT subsidiary in China. The VW Cupra Tavascan received a duty of 21.3%, slightly lower than the initial 37.6% rate.  The Cupra Tavascan was not included in the Commission’s sample when it initiated Read more

Tesla topped the American Consumer Satisfaction Index (ACSI) for 2024 in the luxury segment with Mercedes-Benz, holding steady and gaining notoriety for improvements in complaint handling. Tesla and Mercedes-Benz tied at a score of 83 this year. Tesla’s score was unchanged, while Mercedes-Benz improved four percent from 2023, mostly due Read more

Tesla stock (NASDAQ:TSLA) received a reiterated “Overweight” rating and a $300 per share price target from Piper Sandler. The firm’s insights came after analysts hosted two events that were focused on Tesla’s energy division and the company’s Full Self-Driving (FSD) program.  As noted in an Investing.com report, Piper Sandler’s first Read more