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BYD is halting Mexico factory plans over US trade policy concerns. US tariffs on Mexico-made cars are affecting automakers including Nissan and Stellantis.
The electric-vehicle maker has an aging lineup and slumping sales, but its CEO has shifted his focus to robotaxis and robots.
Rivian Automotive reported its 2025 second-quarter production and delivery results. Rivian produced 5,979 vehicles and delivered 10,661 vehicles this quarter, a year-over-year decline from Q2 2024.
Tesla's long-awaited robotaxi service is finally live — but only in one city, with limits on who can ride. Here's what the first week revealed about the tech, the rollout and what's next.
The 'Fast Money' traders and CNBC's Phil LeBeau talk Tesla's decline in global sales.
Ed Butowsky was "surprised" that Tesla's (TSLA) vehicle deliveries came in at just above 384,000 for the quarter. He expected a "disaster" print despite sales already showing more than 10% year-over-year decline.
Market gains are driven by a concentrated group (NVIDIA, Microsoft, and Meta) raising concerns for Michael Kramer from Mott Capital Management and Reading The Markets about sustainability and overvaluation in tech. AI hype is real, but commoditization and high spending may limit long-term profits for current leaders.
Electric vehicle giant Tesla Inc TSLA is seeing weaker demand for its vehicles in the United States for numerous reasons, including increased competition from foreign automakers launching new vehicles in the United States.
Wall Street doesn't appear spooked by Tesla's 13.5% year-over-year decline in vehicle deliveries. While the numbers were below analysts' average estimates, they came in above some of the lowest predictions.
Bloomberg's Caroline Hyde and Ed Ludlow discuss the drop in Tesla's second-quarter sales. Plus, Foxconn pulls Chinese workers from India in a blow to Apple.