BEIJING (Reuters) -China's BYD posted a 21% rise in second-quarter electric vehicle sales, closing the gap with Tesla after handing back the world's top EV vendor title to the U.S. rival in the first quarter. Tesla's second-quarter deliveries fell by a smaller than expected 4.8% to 443,956 vehicles on Tuesday, but that still marked the first time the U.S. firm posted two straight quarters of decline as it deals with stiff competition in China and slow demand due to a lack of affordable new models. Price cuts and incentives helped Tesla beat expectations, however, pushing shares up about 5% in morning trading.
Breaking
A number of critical facilities were hit during the overnight strike, the Defense Ministry in Moscow has said...
A man who fired at police during a road rage incident was shot and killed by officers in Manhattan's West Village on Thursday night, according to law enforcement sources....
Security camera footage which appears to capture tonight’s strike by a Russian “Oreshnik” Intermediate-Range Ballistic Missile (IRBM), equipped with a Conventional Multiple Independently Targetable Re...
loading...