Tesla

China’s BYD Overtakes Tesla Revenue For The First Time
31 Oct

China’s BYD Overtakes Tesla Revenue For The First Time

Wontumi1Business,
The Chinese electric vehicle giant BYD has seen its quarterly revenues soar, beating Tesla's for the first time. It posted more than 200bn yuan ($28.2bn, £21.8bn) in revenues between July and September. This is a 24% jump from the same period last year, and more than Elon Musk's company whose quarterly revenue was $25.2bn. However, Tesla still sold more electric vehicle (EVs) than BYD in the third quarter. It comes as EV sales in China have been getting a boost from government subsidies to encourage consumers to trade their petrol-powered cars for EVs or hybrids. BYD also notched a monthly…
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Elon Musk Reveals Tesla’s Robotaxi And Robovan
11 Oct

Elon Musk Reveals Tesla’s Robotaxi And Robovan

Wontumi1Business,
Elon Musk showed off Tesla’s upcoming driverless taxi at its “We, Robot” on Thursday evening. The unveiling took place on a lot in Warner Bros. Discovery’s movie studio in Burbank, California. The location allowed Tesla to show off its autonomous driving capabilities without running into any unexpected situations with traffic. Musk walked into the event and entered a sleek-looking silver Robotaxi, a two-door vehicle that opened upward with butterfly-style doors. The Robotaxi, also referred to as Cybercab, then took Musk on a ride around the lot before he exited to kick off the event. Musk said the Robotaxi has no steering wheel or pedals…
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