Model

The New Model Y Performance Is Here. Can It Reverse Tesla’s Slumping Sales?

by
The New Model Y Performance Is Here. Can It Reverse Tesla's Slumping Sales?

Tesla updated the Model Y earlier this year, but held back the hot Performance flavor. Now, the range-topping variant has officially arrived. Curiously, its debut takes place in Europe, where Elon Musk’s company has been on a downward spiral so far this year. According to sales data published by the European Automobile Manufacturers’ Association (ACEA), … Read more

Porsche Warns Employees The Business Model ‘No Longer Works’

by
Porsche Warns Employees The Business Model 'No Longer Works'

To say Porsche has seen better days would be an understatement. Global sales fell three percent last year, when tariffs weren’t even an issue. Shipments continued to decline through June this year, dropping six percent compared to the first six months of 2024. Even tougher times lie ahead, as evidenced by a recent decision to … Read more