Although the market share of Elon Musk's group has declined in recent years as most legacy carmakers now offer electric models, the manufacturer of the Model Y and Model S remains the benchmark for green vehicles.
Canadian Pension Fund Reduces Tesla Stake
The determination of Chinese vehicle manufacturers has thus enabled them to become formidable rivals to Tesla. This rivalry extends into investor...

XPeng Inc. reported third-quarter earnings on Nov. 30. Despite falling short of analysts expectations, shares of the Chinese electric vehicle manufacturer soared in the session following the latest earnings print.
Earnings leave much to be desired
Based on the numbers, XPeng had little to celebrate in the third quarter. The automaker delivered just 29,570 vehicles. While this represented a 15% increase from the same period last year, it also marked a ...