
Musk’s Tesla Demands & Chinese EV Market Dynamics
Musk seeks huge Tesla control. BYD faces China slowdown; Xpeng rises. Chip shortage looms. Pope weighs in on Musk's pay. Tesla shareholders to vote on Musk's trillion-dollar pay package.

Musk seeks huge Tesla control. BYD faces China slowdown; Xpeng rises. Chip shortage looms. Pope weighs in on Musk's pay. Tesla shareholders to vote on Musk's trillion-dollar pay package.

A European auto chipmaker is at the center of a geopolitical conflict, disrupting car manufacturing. EV market shifts and semiconductor shortages impact major automakers like BYD and Volvo.

BYD beats Xiaomi's EV Nurburgring record, but Porsche aims to reclaim it with a new Taycan. Intense competition and innovation in electric supercar performance. Porsche widebody package aerodynamics.

Chinese EV brands like BYD and Xpeng are rapidly gaining market share in Europe, challenging established European manufacturers. Aggressive launches and affordable models drive this growth, posing a significant competitive threat. MG leads in sales.

The partnership was said to be led by Alexander Hitzinger, a former racing engineer for Porsche who worked on Project Artemis (which morphed into the Audi Grandsphere concept), and Mujeeb Ijaz, a senior executive who left Apple to design a high-density EV battery capable of longer ranges.

The manufacturer also reported combined sales of electrified vehicles (EVs and PHEVs) of 269,065 units from January until June of this year, marking a 9.6% increase compared to the same span of 2023.