While Tesla initially planned to absorb the 34% tariff, it became unsustainable as tariffs increased to 125%, Reuters reports, citing sources familiar with the matter. The company had intended to begin trial production of the two models in October, with mass production set for 2026 in Texas and Nevada. This […]
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In a remarkable shift in the global automotive industry, BYD has emerged as the world’s leading electric vehicle manufacturer, dethroning Tesla and redefining competition in the fast-evolving EV market. With record-breaking revenue and ambitious expansion plans, the Chinese automaker is navigating both opportunities and challenges as it extends its footprint […]