# Tags
EV Market

China’s EV Price War Heats Up: XPeng, Zeekr, NIO Slash Prices as Xiaomi and BYD Surge in June Sales

China EV Market Faces Intense Price War in 2025 as Tesla Loses Ground: China EV market is witnessing an intense price war, as local automakers slash prices in a bid to capture market share from Tesla. In June 2025, this fierce competition reached new heights. Price Cuts Intensify: Leading domestic brands—XPeng, Zeekr, NIO, Li Auto, […]

Tesla’s Market Cap Dives Below $1 Trillion as Sales and Tech Woes Mount

Tesla’s stock has taken a significant hit, dropping more than 8% and pushing the company’s market capitalization below $1 trillion for the first time since November. This decline marks a sharp reversal from the post-election surge that had previously lifted Tesla’s shares following President Donald Trump’s victory. The downturn is attributed to a combination of […]