Tesla Hits 10 Million Global Production Milestone
Tesla has produced its 10 millionth electric vehicle, marking a global achievement amid competitive pressures, especially in China.
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Tesla has produced its 10 millionth electric vehicle, marking a global achievement amid competitive pressures, especially in China.
XPeng CEO He Xiaopeng forecasts Robotaxi profitability by 2027 through vehicle density, focusing on technology partnerships, not fleet management.
In its second-quarter 2026 report, Tesla reported 480,126 vehicle deliveries and $28.24 billion in revenue, marking year-over-year increases. Despite profit growth, gross and operating margins declined. Capital expenditures surged due to investments in AI and production. Challenges remain for Cybercab and Optimus, impacting long-term growth prospects.
Xiaomi EV is expanding in Europe, hiring for aftersales roles and planning to enter the market in 2027, targeting premium vehicles.
According to data from UK new energy vehicle research firm New Automotive, total passenger vehicle registrations in the UK reached…
In June 2026, Australia’s new vehicle sales hit a record 140,058 units, driven by significant growth in electric vehicles and Chinese imports.
Tesla’s Q2 2026 results show over 480,000 EV deliveries, exceeding expectations, with strong production and growth from Gigafactory Shanghai and energy division.
In May 2026, Europe saw a 3.6% rise in vehicle registrations, driven by electrified vehicles and significant growth from Chinese brands.
Chinese courts concluded a lengthy Tesla brake failure dispute, denying retrial requests, effectively demanding public apologies and compensation from involved parties.
Tesla’s Model Y became Japan’s best-selling imported passenger car in May 2026, showing significant growth in registrations.