The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.

The electric vehicle maker has posted its second straight quarter of declining deliveries this year, continuing to pay the price for Elon Musk's political turn.

Tesla sales in Europe plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk ...

Tesla may have to revise its full-year guidance lower after failing to meet repeated promises it would launch at least one ...

European EV and hybrid sales are booming. Yet, Tesla's market share is shrinking, falling 45% in the first five months of ...

Customers have favoured Chinese EVs because of their competitive prices and in some cases in protest against Musk's political ...

The poor showing is a considerable setback for investors, particularly as it follows Tesla's billionaire CEO, Elon Musk, ...

Tesla Inc. Chief Executive Officer Elon Musk has assumed oversight of sales in Europe and the US, leaving deputy and senior ...

In Germany, sales of battery-powered cars grew nearly 45 percent in May, compared with a year earlier. In Spain, overall sales of electric cars grew 72 percent, while Tesla sales slid 19 percent.

Omead Afshar, head of North America and Europe, was fired for failing to turn around the brand's flagging demand, according ...

Global shares were little changed and U.S Treasury yields were higher on Tuesday, as investors weighed a host of U.S. economic data and comments from Federal Reserve Chair Jerome Powell to gauge the ...