Tag: Auto

Tesla Inc on Sunday announced lower-than-expected  electric vehicle deliveries in the third quarter, as logistical challenges overshadowed its record deliveries. The top electric car maker said “it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost,” but some analysts were also concerned about demand for high-ticket items due to the […]

Tesla is reevaluating the way it sells electric cars in China, its second-largest market, and considering closing some showrooms in flashy malls in cities like Beijing where traffic plunged during COVID restrictions, two people with knowledge of the plans said. The shift would put more emphasis on stores in less-costly suburban locations that can also […]

Tesla Inc is considering setting up a lithium refinery on the gulf coast of Texas, as it looks to secure supply of the key component used in batteries amid surging demand for electric vehicles. The potential battery-grade lithium hydroxide refining facility, which Tesla touted as the first of its kind in North America, will process […]