Tesla's Market Share Declines Amid Rising Competition, While Nebius Gains from AI Deal
TL;DR Summary
Tesla's EV market share has fallen below 40% for the first time since 2017, amid increased competition and internal shifts towards AI and robotics. Meanwhile, Volkswagen is seeking U.S. investments to mitigate tariffs, and Hyundai faces scrutiny over visa misuse at its Georgia plant. The article explores the potential for other automakers like Rivian to become the next mainstream EV leader as Tesla's focus shifts away from new vehicle models.
- This One Number Shows What's Going Wrong At Tesla InsideEVs
- Exclusive: Tesla market share in US drops to lowest since 2017 as competition heats up Reuters
- Tesla veers away from EV dominance Politico
- Tesla (TSLA) sees US market share of electric car sales drop to new lows Electrek
- Nebius soars after signing a 5-year deal with Microsoft to supply nearly $20 billion worth of AI computing power Sherwood News
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