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Tesla's revenue drops by 9% to $21.30 billion in Q124, steepest y-o-y decline since 2012

autherAutocar Pro News Desk     calendar24 Apr 2024

Tesla's revenue decline comes at a time when it's seeing weak deliveries, competition from Chinese incumbents, price cuts, which forced the company to slash 10% of its workforce.

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Yokohama Rubber breaks ground for new passenger car tire plant in Mexico News
Yokohama Rubber breaks ground for new passenger car tire plant in Mexico

autherAutocar Pro News Desk calendar22 Apr 2024

The event was attended by local government officials and community representatives.

Maserati GranCabrio Folgore EV revealed with 750 hp News
Maserati GranCabrio Folgore EV revealed with 750 hp

autherAutocar Pro News Desk calendar17 Apr 2024

The car uses 800-volt batteries that power three 300-kw permanent magnet motors that are located in the front and the ...

Autocar Professional’s April 15, 2024, issue is out! News
Autocar Professional’s April 15, 2024, issue is out!

By Chandan B Mallik calendar16 Apr 2024

India sees a flurry of Global CEO arrivals to secure their share in the world's fastest growing market.

Kia unveils 'Opposites United: Intersections Beyond Boundaries' at 2024 Milan Design Week News
Kia unveils 'Opposites United: Intersections Beyond Boundaries' at 2024 Milan Design Week

autherAutocar Pro News Desk calendar15 Apr 2024

The event represents exploration of new realms and possibilities, encouraging creativity and innovation beyond traditi...

Citroen becomes first multinational car manufacturer to export Made-in-India EVs News
Citroen becomes first multinational car manufacturer to export Made-in-India EVs

autherAutocar Pro News Desk calendar11 Apr 2024

The company flagged off 500 units of the e-C3 to Indonesia from Kamarajar Port.

Taiwan quake sends ripples through chip industry, near-term semiconductor outlook looks uncertain: Report News
Taiwan quake sends ripples through chip industry, near-term semiconductor outlook looks uncertain: Report

autherAutocar Pro News Desk calendar04 Apr 2024

Among the major players in Taiwan's semiconductor landscape, Taiwan Semiconductor Manufacturing Company (TSMC), the wo...

Nissan reveals all-new 2025 Kicks SUV News
Nissan reveals all-new 2025 Kicks SUV

autherAutocar Pro News Desk calendar29 Mar 2024

The new Kicks' design approach emphasises a combination of style, functionality, and urban appeal to appeal to a wide ...

Bahrain's Mumtalakat secures full ownership over McLaren: Report News
Bahrain's Mumtalakat secures full ownership over McLaren: Report

autherAutocar Pro News Desk calendar23 Mar 2024

The sportscar maker faced financial challenges during the Covid-19 pandemic, leading to production halts and job losse...

ZF meets annual targets, boosts competitiveness News
ZF meets annual targets, boosts competitiveness

autherAutocar Pro News Desk calendar21 Mar 2024

The company registered 6.4 percent year-on-year growth in turnover to Euro 46.6 billion in CY23.