Tesla cuts Model 3 price in Europe as sales slide amid Musk backlash
Tesla launched a lower-priced Model 3 in Europe to revive sales amid falling EV demand, stronger competition from BYD, and buyer backlash over Musk's political controversies.
Tesla's global sales are declining, with shrinking market share driven by competition and reputational impacts, undermining its claim to be more than a car company.
'GM Sold Us Out': California Gov. Newsom Furious As $7,500 Tax Credit Disappears
California will not replace the federal $7,500 EV tax credit, shifting to infrastructure spending while blaming American automakers, especially General Motors.