The Latest Breaking News from Tesla Inc.

Looking at the numbers, Tesla sales are slowing down a bit in Europe as competition for electric vehicles continues to grow.

Roughly 220,000 new passenger plug-in cars were registered in Europe in June, which is 8% less than a year ago.

The proposed US EV tax credit states commercial vehicles weighing over 14,000 pounds are eligible for a tax credit of $40,000 or 30% of the cost of the vehicle.

After the story gained traction on social media, Tesla reportedly restored the Model S to 90-kWh for free and did a similar thing for another of its EVs.

Editor's note: This story has been edited to reflect an update by Forbes to Tesla CEO Elon Musk's philanthropy ranking that removed him from the list of the least generous billionaires. Original publication: 2018. For the first time, the Forbes 400 list includes a generosity ranking.

Someone with a lot of money to spend has taken a bearish stance on Tesla (NASDAQ:TSLA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

GM recently announced that it has 150,000 orders for the upcoming Silverado EV. Now, fleet customers are requesting an average of over 200 units each.

The leading electric vehicle company posted second-quarter results recently that saw revenue miss analysts’ estimates. Despite that, Tesla Inc (NASDAQ: TSLA) posted operating margins which were once again among the best in the automotive industry.

Out of Spec Reviews' Kyle and Jordan visit the first bk World station at a Tesla Supercharger Park in Germany and discover its many clever and useful amenities.