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Key Takeaway Elon Musk has shifted Tesla’s strategy from developing a US$25,000 electric car to focusing on AI ventures, including robotaxis and humanoid robots. He acknowledges high demand for affordable vehicles but notes that financial constraints hinder purchases. Despite a minor refresh of the Model Y, sales remain subdued. The Cybertruck, Tesla’s latest major product, […]
Key Takeaway Tesla’s application for a UK energy licence coincides with a significant decline in vehicle sales across Europe, with registrations dropping nearly 60% in the UK and over 55% in Germany in July. Overall, sales fell 45% in ten key European markets, largely due to increased competition from rivals like BYD. This downturn has […]
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