EV sales start to fall in California, an industry bellwether
Consecutive quarters of falling EV sales could derail state’s zero-emission vehicle transition target.
Toyota global EV sales quadruple in 2023, still big gap with goal
Toyota sold 104,018 EVs worldwide last year, but the automaker has a long way to go before it reaches its target of selling 1.5 million in 2026.
Fisker, VinFast head to NADA looking for dealer partners
The two newcomers are the first full-EV brands to pivot from the direct-sales model pioneered by Tesla to franchised dealers. VinFast has a few dealerships and Fisker expects its first in February.
Tesla EV share falls in booming California market as rivals make gains
The California New Car Dealers Association said Tesla’s 2023 share of the electric market fell to 60.5 percent from 71 percent a year earlier. Mercedes-Benz and BMW showed the biggest share gains.
Elon Musk’s $55 billion Tesla pay package voided by judge in Del.
A Delaware judge struck down Elon Musk’s $55 billion Tesla Inc. pay package after a shareholder challenged it as excessive.