Tesla, meanwhile, benefits significantly from carbon credit sales. In 2023, the company earned $1.79 billion from credits, and its income from such sales more than doubled to $2.8 billion last year.

European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals at increasingly high prices.

Across Europe, Chinese carmakers held onto 8.2% of the EV market in December — a slight bump up from November but still below ...

The rise of the Sandero and the fall of the Model Y shake up the ranking of best-selling cars. Tesla's dominance is ...

BYD Company Limited surpassed Tesla, Inc. as top EV maker with vertical integration strategy through Mexico production ...

Wall Street shares looked set for more gains on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, while the dollar was steady ...

The days of never-ending growth are over. Tesla was only able to increase turnover by one per cent last year - and only ...

European Commission chief Ursula von der Leyen hosted auto sector executives, unions and interest groups on Thursday to ...

Tesla shares gained more than 2% on Thursday after CEO Elon Musk vowed to launch long-awaited cheaper models in the first ...

Tesla has reported lower than expected profits, but will return to sales volume growth and move forward with fully autonomous driving.

EXCLUSIVE. According to the Nobel Prize-winning economist, Europe needs to review its innovation policy, or it will disappear ...