Tesla reported an increase in sales for the first time this year, although its year-to-date sales still trail the same period of 2023.
The company delivered nearly 463,000 vehicles worldwide in the third quarter, up six per cent from the year ago sales figure and up four per cent from the total delivered in the second quarter of this year.
Tesla’s history of steady year-over-year sales gains, and its forecast of continued gains, is one of the reason that its stock has the greatest market value of any automaker in the world by a large margin. But the company is facing increased competition from established automakers who are offering more electric vehicle models of their own.
The first and second quarters of this year saw Tesla reports drops in sales of nine per cent and five per cent, respectively, the first time in the company’s history that it reported two consecutive quarters of declining sales. Even with the increased sales reported Wednesday, it’s year-to-to-date deliveries of 1.3 million vehicles is down two per cent from a year ago.
General Motors reported Tuesday that its US EV sales climbed 60 per cent compared to a year ago and 46 per cent compared to the second quarter. But it still had only a fraction of Tesla’s sales with US EV sales coming in at 32,000 vehicles. Tesla doesn’t break out the sales by market so it’s precise US sales are not known.
Tesla is also facing increased competition from Chinese automakers’ EV offerings, especially in Europe. Tesla stayed ahead of Chinese automaker BYD, which briefly passed Tesla in worldwide EV sales last year. BYD reported global third quarter battery electric sales of 313,000, and year-to-date sales of 1.2 million EVs. But its year-to-date total is up nearly 12 per cent, unlike the decline at Tesla.
Shares of Tesla (TSLA) were down four per cent at the market open, taking shares back to approximately were they were at the start of the year.
Israeli troops battled Hezbollah militants inside Lebanon on Wednesday after launching what they say are limited ground operations there. The region meanwhile braced for further escalation as Israel vowed to retaliate for Iran's ballistic missile attack the day before.
Democratic Minnesota Gov. Tim Walz and Republican Sen. JD Vance of Ohio are facing off Tuesday night in New York City for their first – and only – U.S. vice-presidential debate. Here is a live fact check of everything being said between the two.
When New York-based art dealer Allen Treibitz went to a barn sale in the Hamptons a few months ago, a painting hanging in the old structure immediately caught his eye.
Buffalo Bills edge rusher Von Miller was suspended four games by the NFL on Tuesday for violating the league's personal conduct policy.
A Pickering, Ont., student going to college to be a mechanic is shocked the engine in his two-year-old car will not be repaired under warranty after the dealership claimed he had been 'over-revving' the engine.
Some residents felt a slight tremor as a minor earthquake hit Quebec on Wednesday morning about 60 kilometres northwest of Montreal.
The president of e-commerce giant Shopify Inc. wants Canada to address a problem he calls "the 600-pound beaver in the room."
A father in Kelowna is furious after his 13-year-old daughter was brutally beaten on Gyro Beach. He is calling for criminal charges in the devastating attack, which was caught on video by multiple bystanders.
In a five-part series this week on CTVNews.ca and CTV National News at 11, W5's Avery Haines follows the harrowing journeys of migrants who risk their lives crossing the Darien Gap and ride atop Mexico's notorious 'Train of Death'. In this third installment, Haines travels across the Mexico-U.S. border.
The lawyer for "Freedom Convoy" organizer Chris Barber told a judge Monday that a court order banning honking in downtown Ottawa during the protest wasn't clear enough.
A small bush on a ledge appears to have "miraculously" saved the life of a climber who fell down the steep slope of a mountain, according to B.C. search and rescue crews.
SailGP has announced it will return to Canada in 2026, but a host city has not yet been chosen. Frank Denis of Sail Nova Scotia says the association is in a bid process now for a potential SailGP return to Halifax.
Some residents felt a slight tremor as a minor earthquake hit Quebec on Wednesday morning about 60 kilometres northwest of Montreal.
The leader of the B.C. Conservative party is once again under fire for comments related to climate change – this time for suggesting there is an "anti-human agenda" behind the push to confront warming global temperatures.
Ontario is staring down a teacher shortage as retirements and student enrolment are both on the rise, and the Ministry of Education expects the situation will start to get even worse in 2027.
A regional airport in southwest Japan was closed on Wednesday after a U.S. bombshell, likely dropped during the Second World War to stem "kamikaze" attacks, exploded near its runway, causing nearly 90 flight cancellations.
Iran launched at least 180 missiles at Israel on Tuesday evening, causing scattered damage and fires from falling shrapnel, but Israeli authorities said there were no injuries. Here's what we know:
Donald Trump is going back to Butler, where the world last saw him pump his fist and beseech followers to "fight," even as blood streaked his face from a would-be assassin's bullet.
Three young Swedes were arrested Wednesday in connection with two predawn explosions that occurred in the vicinity of the Israeli Embassy in Copenhagen, prompting a nearby Jewish school to close for the day. Police said no one was injured.
Tim Walz and JD Vance on Tuesday went after each other's running mates in a vice-presidential debate that opened with a discussion of burgeoning domestic and international troubles.
An approaching typhoon bringing strong winds and torrential rainfall to Taiwan killed one person and injured dozens of others over the past few days and led to the evacuation of thousands from low-lying or mountainous areas.
For the third time in seven days the House of Commons will vote on a confidence measure today, but this one comes from the government itself.
A federal commission of inquiry into foreign interference expects to hear today from more than a dozen diaspora community members.
Prime Minister Justin Trudeau's Liberal government survived another Conservative-led non-confidence vote on Tuesday, the second in less than a week. This, the same day the Bloc Quebecois had an opportunity to table a non-confidence motion of its own, opting instead to push the Liberals to support one of its key demands.
A woman with the rare condition of two uteruses delivered twins, one from each womb, last month at a hospital in northwestern China, according to health officials and state media.
A medallion containing some of the original mold involved in the discovery of penicillin is expected to fetch up to US$50,000 when it goes up for auction later this month.
Black-coloured plastic used in children’s toys, takeout containers, kitchen utensils and grocery meat and produce trays may contain alarming levels of toxic flame retardants that may be leaching from electronic products during recycling, a new study found.
The bracket for 2024's Fat Bear Week contest was revealed Tuesday night, but only after a deadly bear-on-bear attack at Alaska’s Katmai National Park and Preserve on Monday delayed the unveiling.
A medallion containing some of the original mold involved in the discovery of penicillin is expected to fetch up to US$50,000 when it goes up for auction later this month.
Archeologists in Denmark have unearthed more than 50 'exceptionally well preserved' skeletons in a large Viking-era burial ground in the east of the country.
Canadian musician Jacob Hoggard is set to continue his testimony today after taking the stand in his sexual assault trial.
Ken Page, a stage and screen actor who introduced Broadway audiences to Old Deuteronomy in "Cats" and scared generations of kids as the voice of Oogie Boogie, the villain of the 1993 animated holiday film "The Nightmare Before Christmas," has died. He was 70.
Many of us of a certain age can still remember the first time we picked up a Nintendo Entertainment System controller, quickly immersing us in the colorful worlds of Super Mario, Zelda and Donkey Kong.
Owners of small and medium-sized businesses will finally receive their long-awaited carbon pricing refunds before the end of this year, Finance Minister Chrystia Freeland announced on Tuesday.
The president of e-commerce giant Shopify Inc. wants Canada to address a problem he calls "the 600-pound beaver in the room."
Restaurant company SIR Corp. is investigating a cybersecurity incident that has impacted part of its information technology infrastructure.
Tom Turcich and his four-legged companion were greeted by a huge homecoming celebration in Haddon Township on May 21, 2022, with Turcich officially becoming the 10th person on record to walk around the world, and Savannah claiming the title of the first dog to do so.
Baby hippo, Moo Deng, has become a viral sensation, with her adorable photos and videos flooding social media and even earning a skit on Saturday Night Live.
A code of conduct will be enforced on the online dating industry to better protect Australian users after research found that three-in-four people suffer some form of sexual violence through the platforms, Australia’s government said on Tuesday.
Second-ranked Aryna Sabalenka matched her career-best 15 straight wins after beating Madison Keys 6-4, 6-3 to advance to the quarterfinals of the China Open on Wednesday.
Buffalo Bills edge rusher Von Miller was suspended four games by the NFL on Tuesday for violating the league's personal conduct policy.
It was an exciting weekend for hockey fans in Sudbury, as the city hosted an NHL preseason game.
A Pickering, Ont., student going to college to be a mechanic is shocked the engine in his two-year-old car will not be repaired under warranty after the dealership claimed he had been 'over-revving' the engine.
General Motors’ Cruise autonomous vehicle division will pay a US$1.5 million penalty after the unit failed to fully report a crash involving a pedestrian, the National Highway Traffic Safety Administration said Monday.
A tale about a taxicab hauling gold and sinking through the ice on Larder Lake, Ont., in December 1937 has captivated a man from that town for decades.
The last living member of the legendary Vancouver Asahi baseball team, Kaye Kaminishi, died on Saturday, Sept. 28, surrounded by family. He was 102 years old.
On Saturday night at her parents’ home in Delaware, Ont. the Olympic bronze medallist in pole vault welcomed everyone who played a role in getting her to the podium in Paris.
A tale about a taxicab hauling gold and sinking through the ice on Larder Lake, Ont., in December 1937 has captivated a man from that town for decades.
When a group of B.C. filmmakers set out on a small fishing boat near Powell River last week, they hoped to capture some video for a documentary on humpback whales. What happened next blew their minds.
A pizza chain in Edmonton claims to have the world's largest deliverable pizza.
Sarah McLachlan is returning to her hometown of Halifax in November.
Wayne MacKay is still playing basketball twice at Mount Allison University at 87 years old.
A man from a small rural Alberta town is making music that makes people laugh.
An Indigenous artist has a buyer-beware warning ahead of Sept. 30, the National Day for Truth and Reconciliation.
The Vancouver Police Department is expecting to be over budget by the end of the year, according to a report.
An Indigenous family has filed a human rights complaint against retail giant Canadian Tire over a pair of incidents that happened on the same day at the company’s Coquitlam, B.C., location.
When New York-based art dealer Allen Treibitz went to a barn sale in the Hamptons a few months ago, a painting hanging in the old structure immediately caught his eye.
Toronto’s top cop says there will be an increased police presence in Jewish neighbourhoods and at mosques across the city as the one-year anniversary of the Oct. 7 Hamas attack on Israel approaches.
A Pickering, Ont., student going to college to be a mechanic is shocked the engine in his two-year-old car will not be repaired under warranty after the dealership claimed he had been 'over-revving' the engine.
Ontario is staring down a teacher shortage as retirements and student enrolment are both on the rise, and the Ministry of Education expects the situation will start to get even worse in 2027.
Calgary police say two people have been arrested and another person is in hospital following a shooting at the Olympia Lodge on 16 Avenue N.W.
Under a rock, in a fallen hollowed tree – hundreds of hidden treasures await discovery in Kananaskis Country.
The next two days will be cooler for much of the Prairies, including Alberta.
An Ottawa councillor has posted video on social media of what appears to be a close call with a car while biking in Ottawa.
A planned expansion of OC Transpo's zero-emission bus fleet is expected to be delayed and the city won’t be getting any 60-foot electric buses, according to a new report.
Quentin Dorsainvil, 17, of Ottawa died after a shooting on Sept. 15 in the area of Percy and Nepean streets. Dorsainvil played football with the Kanata Knights before moving to Florida after the 2023 season to pursue football.
Quebec's language will have unexpected consequences on music retailers as they brace for major changes in the new year.
Some residents felt a slight tremor as a minor earthquake hit Quebec on Wednesday morning about 60 kilometres northwest of Montreal.
A joint police operation in Quebec resulted in five arrests in LaSalle and Laval, which were allegedly connected to a 'false representative' fraud scheme targetting seniors.
Clouds dominate the sky over central and north-central Alberta again today. We'll see a few sunny breaks, but far more cloud cover and temperatures held to around 10 C for an afternoon high.
Alberta Premier Danielle Smith's office says her recent comment about chemtrails doesn't mean she believes the United States government is spraying them in the province.
The Municipality of Jasper has submitted an application for $73.14 million in expenditures to the provincial Disaster Recovery Program (DPR).
Police in Fredericton are investigating a homicide after a man who was assaulted last week died from his injuries.
SailGP has announced it will return to Canada in 2026, but a host city has not yet been chosen. Frank Denis of Sail Nova Scotia says the association is in a bid process now for a potential SailGP return to Halifax.
The Saint John Police Force is investigating a sudden death after a body was found at a tent encampment in the city.
Manitobans are being advised that potential labour action next week could disrupt community health services.
Manitoba Hydro reported a $157 million consolidated net loss according to the company's 2023-24 fiscal update.
Manitoba politicians are returning to the legislature today following their summer break.
Over the weekend, the Saskatchewan Roughriders wore their Indigenous-themed logo for the first time at Mosaic Stadium.
Saskatchewan residents will vote for their next provincial government on Oct. 28.
Sentencing in relation to a fatal incident in 2020 that left two experienced SaskPower workers dead has been adjourned until Oct. 18, according to the International Brotherhood of Electrical Workers (IBEW).
A Guelph man charged with the hit-and-run death of a well-known community advocate and has now been charged in a separate collision.
The family-owned business, which has been a fixture on Arthur Street South since 1927, made the difficult decision to shut down following a smash and grab robbery back in June.
Huron OPP are asking for DNA to possibly help solve a historical missing person's case. In October 1967, police received a report that two men left for a fishing excursion from the Port of Goderich and were never seen again.
An Ahtahkakoop man who came to prominence in Saskatchewan’s Indigenous business community and helped thousands of First Nations people complete their education died on Friday.
Saskatchewan residents will vote for their next provincial government on Oct. 28.
Exclusive polling data collected by Â鶹´«Ã½ in partnership with Insightrix outlines what preferences voters have, if they’re familiar with the party leaders and what issues matter most as Saskatchewan enters into the 2024 provincial election campaign.
Canadian musician Jacob Hoggard is set to continue his testimony today after taking the stand in his sexual assault trial.
A 33-year-old man has been arrested after two females were found dead inside a home in Courtice, Ont. on Tuesday afternoon.
A Pickering, Ont., student going to college to be a mechanic is shocked the engine in his two-year-old car will not be repaired under warranty after the dealership claimed he had been 'over-revving' the engine.
Huron OPP are asking for DNA to possibly help solve a historical missing person's case. In October 1967, police received a report that two men left for a fishing excursion from the Port of Goderich and were never seen again.
There is no word on how the crash happened, if there were any injuries or possible charges.
Huron County OPP is advising of a phone scam that cost a Goderich couple $33,000.
Tributes have started pouring in for a Midland, Ont. man who died after reportedly being struck by an unmarked provincial police vehicle over the weekend.
One man is charged after a break-and-enter at a Midland restaurant.
Provincial police handed a 22-year-old driver accused of being impaired a lengthy licence suspension after conducting a traffic stop along Highway 400 over the weekend.
A 21-year-old Windsor man is on trial in Superior Court for trying to join a terrorist organization.
Windsor’s rotating ward meetings continued Tuesday night in the downtown core, with Coun. Renaldo Agostino hosting Ward 3 residents at All Saints Anglican Church.
Chatham-Kent police say a 63-yar-old man has been arrested for applying substance on gas station keypads.
A young man has been charged with first-degree murder after police were called to investigate a suspicious death on Vancouver Island over the weekend.
The leader of the B.C. Conservative party is once again under fire for comments related to climate change – this time for suggesting there is an "anti-human agenda" behind the push to confront warming global temperatures.
When New York-based art dealer Allen Treibitz went to a barn sale in the Hamptons a few months ago, a painting hanging in the old structure immediately caught his eye.
A father in Kelowna is furious after his 13-year-old daughter was brutally beaten on Gyro Beach. He is calling for criminal charges in the devastating attack, which was caught on video by multiple bystanders.
The officer who shot and killed a forcible confinement suspect in Kamloops two years ago was justified in doing so, according to the Independent Investigations Office of B.C.
Fire crews in Vernon, B.C., responded to a large house fire early Saturday morning.
From offering two meals a week to three a day, the Lethbridge Soup Kitchen has grown immensely over the past 40 years.
The sentencing for three men convicted of helping lead and coordinate the COVID-19 protest blockade at Coutts, Alta., in 2022 has been delayed.
A 10-year-old boy from Lethbridge is being praised as a hero after a routine summer outing at the pool nearly turned tragic for his friend.
Canadian musician Jacob Hoggard is set to continue his testimony today after taking the stand in his sexual assault trial.
A 40-year-old in Sault Ste. Marie who was on probation has been charged with assault with a weapon following an incident in August.
Canadian musician Jacob Hoggard took the stand in his sexual assault trial on Tuesday, denying that he raped his accuser and painting a dramatically different picture of their encounter eight years ago.
He may not have logged the fastest time or even gone the full distance, but residents of a Newfoundland town agree the goat who unexpectedly joined the local weekend half marathon was the event's undisputed champion.
A mother in a community where the cost of living is one of the highest in the country says grocery prices are 'inhumane' and retailers are putting profits ahead of people’s basic human right to food.
A soccer game in England on Tuesday night drove a spike in online traffic across the Atlantic to a website launched by the Newfoundland and Labrador government.
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