Tesla Deliveries Hit Three-Year Low as Musk Controversies Impact Sales
• 1 min read
Tesla reported a concerning 13% drop in Q1 2024 vehicle deliveries, marking its lowest point since 2022 with just 336,681 units sold. The significant decline comes amid growing consumer backlash over CEO Elon Musk's controversial public statements, putting pressure on the company's market position.
Honda and Nissan Consider Historic Alliance Amid EV Industry Pressures
• 1 min read
Japanese automakers Honda and Nissan confirm exploring collaboration options, including a potential holding company structure, driven by electric vehicle development costs and global competition. The partnership talks between the two companies, which delivered 7.4 million vehicles in 2023, could create one of Japan's largest automotive groups.