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All of the crashes involved Tesla-made vehicles.
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GM surges, peers also gain, though some see declines amid market pressures.
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Tesla plans to increase production of Model Y and Model 3 EVs in Q4 and keep growth going as newer factories in Austin and Berlin come online in 2023.
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No-haggle prices and sizeable investments in charging infrastructure are required to sell the automaker’s electric vehicles.
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Automakers have shifted to selling vehicles with better profit margins in the U.S. as supply chain shortages and shipping concerns dampen production.
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iSeeCars research finds prices of battery-electric vehicles (BEVs) rose 54.3%, while used internal-combustion-engine (ICE) vehicle prices rose 10.1%.
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Tesla faces new competition as new electric vehicle manufacturers come onto the scene.
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The automaker’s new vehicle registrations grew 61% in the first half of the year to take the top spot among luxury automakers.
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The California Department of Motor Vehicles has asked for an administrative hearing that could result in penalties.
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Ford Motor stock hit its best month since the Great Recession, advancing nearly 32% since its 127.4% surge in April 2009.
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