Tesla CEO Elon Musk, his Cybertruck, and some shattered windows.Frederic J. Brown/Getty Images Bloomberg reported this week that Tesla would scale back production at its Shanghai factory. Tesla is being outsold in both the Chinese and the European markets as competitors press in. While Tesla has 67% market share in the US, S&P Global predicts it will hit 20% by 2025. What's Elon Musk to do when electric-vehicle makers start vying for Tesla's top spot in the US?

BING NEWS:
  • Tesla's global job cuts include leading markets US, China
    opens new tab global job cuts include reducing staff in the U.S. and China, the automakers' two biggest markets, across sales, tech, and engineering, five sources briefed on the matter said.
    04/16/2024 - 3:30 am | View Link
  • A Pivot to China Saved Elon Musk. It Also Binds Him to Beijing.
    But China’s electric vehicle push has prompted anxiety in Europe. “When we decided to shift from thermic engines to E.V.s, we were late vis-à-vis China — I would say between five and seven ...
    03/26/2024 - 1:00 pm | View Link
  • Optimus Is Coming: Are You Ready For Tesla’s Robot Humanoid Invasion?
    Opinions expressed by Forbes Contributors are their own. Originally called the Tesla Bot and now playfully renamed Optimus (after the Transformers Autobots character), the new bipedal being will ...
    09/23/2022 - 10:23 pm | View Link
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