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鈥檚 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鈥檚 history that it reported two consecutive quarters of declining sales. Even with the increased sales reported Wednesday, it鈥檚 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鈥檚 sales with US EV sales coming in at 32,000 vehicles. Tesla doesn鈥檛 break out the sales by market so it鈥檚 precise US sales are not known.
Tesla is also facing increased competition from Chinese automakers鈥 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.
The OPP has acknowledged that one of its employees did not follow the organization's policy when an alleged victim of sexual assault called its London detachment earlier this year to report an incident involving eight former junior hockey players.
Conservative Leader Pierre Poilievre has refused to get the security clearance necessary to be briefed on a list of people in his party involved in, or vulnerable to, foreign interference, Prime Minister Justin Trudeau told a federal commission of inquiry Wednesday.
The Canada Revenue Agency says it has terminated 330 employees for inappropriately receiving the Canada Emergency Response Benefit during the pandemic, giving its final update on an internal review.
Republican U.S. presidential candidate Donald Trump says that if he does not win the Nov. 5 election, he will cry fraud and not accept the results -- just as he did four years ago when he lost to Democratic President Joe Biden.
A humble city in Saskatchewan appears to be consuming more methamphetamine than anywhere else in Canada, based on recent Statistics Canada data.
Researchers say billions of litres of discarded Canadian milk has a massive financial, environmental and nutritional impact.
Indians in Punjab, worried that plans to work, study or visit families in Canada will be jeopardized by this week's tit-for-tat expulsions of diplomats over the murder of a Sikh separatist, are urging both governments to reduce the tension.
The Department of National Defence confirms unexploded bombs from the Second World War lie buried inside the Mer Bleue Bog, a popular hiking and skiing area in Ottawa鈥檚 east end.
Prime Minister Justin Trudeau is testifying today, for the second time, as part of the federal inquiry into foreign interference.
Latvian State Police are investigating the death of Capt. Aaron Wideman, a Canadian soldier in the capital city of Riga.
Mounties are expected to release new details Wednesday about their investigation into the disappearance of Amber Manthorne, who was reported missing on Vancouver Island more than two years ago.
Canada鈥檚 border guards have seized more than 1,900 stolen cars so far this year at railyards and ports, which is over a hundred more than in 2023.
Canada's immigration minister says Palestinians who have fled Gaza will receive transitional financial assistance and supports after they arrive in Canada.
The Department of National Defence confirms unexploded bombs from the Second World War lie buried inside the Mer Bleue Bog, a popular hiking and skiing area in Ottawa鈥檚 east end.
A humble city in Saskatchewan appears to be consuming more methamphetamine than anywhere else in Canada, based on recent Statistics Canada data.
If he wins next month's election, Donald Trump would be the oldest person in U.S. history to be elected president, but the 78-year-old Republican nominee refuses to disclose new details about his physical or mental well-being, breaking decades of precedent.
Israeli airstrikes pounded areas across Lebanon, killing at least 21 people, officials said Wednesday, including more than a dozen in a southern town where Israeli bombardments in previous conflicts are seared into local memory.
Prosecutors in the Netherlands on Wednesday asked judges to convict a Dutch woman for joining Islamic State in Syria and keeping two Yazidi women as slaves and sentence her to eight years in prison.
Six people have been arrested as part of an investigation into a wine fraud ring that allegedly sold fake French wine for up to 鈧15,000 (US$16,300) per bottle.
Republican U.S. presidential candidate Donald Trump says that if he does not win the Nov. 5 election, he will cry fraud and not accept the results -- just as he did four years ago when he lost to Democratic President Joe Biden.
A photojournalist who covered world events such as the conflict in the former Yugoslavia, the fall of the Berlin Wall and Nelson Mandela's release from prison was fatally stabbed during a weekend hike in the San Gabriel Mountains and his 19-year-old son has been charged in the killing.
Prime Minister Justin Trudeau is testifying today, for the second time, as part of the federal inquiry into foreign interference.
Conservative Leader Pierre Poilievre has refused to get the security clearance necessary to be briefed on a list of people in his party involved in, or vulnerable to, foreign interference, Prime Minister Justin Trudeau told a federal commission of inquiry Wednesday.
The Canada Revenue Agency says it has terminated 330 employees for inappropriately receiving the Canada Emergency Response Benefit during the pandemic, giving its final update on an internal review.
An expert panel of doctors and researchers say Canada needs to learn from the COVID-19 pandemic and take action before the next health emergency strikes.
A Winnipeg high school student placed second in an international neuroscience contest where she competed against nearly 3,000 other students from 40 countries in Chicago, Ill.
The Public Health Agency of Canada says a Listeria outbreak linked to several plant-based milks appears to be over with no additional cases reported since August.
At the heart of the ancient city of Petra, Jordan, carved into pink sandstone cliffs, lies an elaborate monument known as the Khaznah, or the Treasury. And buried beneath that edifice, archeologists recently discovered, is a tomb with at least 12 human skeletons and artifacts that are estimated to be at least 2,000 years old.
Expect to see more northern lights in unusual places as the sun continues to sizzle, space weather forecasters said Tuesday.
Hong Kong's oldest zoo is seeking answers in a monkey medical mystery after nine animals died in two days, including three members of a critically endangered species.
Elisabeth Finch, a former writer and consulting producer on the hit ABC series 'Grey's Anatomy' and subject of a new documentary series, has admitted in an Instagram post that she 'lied about so much.'
From his shrink wrap shock to his obsession with luxury, King Charles III's personal life seems to be filled with surprises, that鈥檚 according to a new book by biographer Tom Bower.
Lawyers for Sean 鈥楧iddy鈥 Combs asked a New York judge Tuesday to force prosecutors to disclose the names of his accusers in his sex trafficking case.
The diplomatic row between Canada and India could derail a trading relationship that already underperforms its potential, experts warn.
Researchers say billions of litres of discarded Canadian milk has a massive financial, environmental and nutritional impact.
Scotiabank says Cedar Leaf Capital is set to become Canada's first majority Indigenous-owned investment dealer after getting the green light from regulators.
A couple from Owen Sound, Ont. is celebrating their good fortune after becoming instant multi-millionaires with Lotto Max.
In 2018, Jason Bennett packed up and moved to the South American country of Colombia permanently after "falling hard" for Medell铆n, once one of the most notorious cities in the world. He now works for himself, running two companies, from his "adopted home."
Life extension might be a lofty 鈥 and dubious 鈥 pitch, but it鈥檚 a common theme among new social and wellness clubs, opulent high rises and private retreats.
Serena Williams says she had a benign branchial cyst "the size of a small grapefruit" removed from her neck and "all is OK."
The New York Police Department (NYPD) is investigating 'homophobic death threats' sent to New York Liberty star Breanna Stewart's wife, Marta Xargay, via email after Game 1 of this year's WNBA Finals.
Johnny Gaudreau鈥檚 Columbus teammates were given a few options for how to handle their emotions during the Blue Jackets鈥 home opener.
The Ontario Provincial Police says the number of fatal collisions caused by distracted driving on the roads it patrols has increased by 40 per cent compared to this time last year.
Tesla CEO Elon Musk unveiled on Thursday his vision of a 'a fun, exciting future,' an 'age of abundance' full of his company鈥檚 self-driving cars without steering wheels, parking lots turned into parks and robots that will walk among the population 鈥 that he once again promised would be available within a few years.
Dozens of cars were pulled out of the Detroit River in west Windsor on Tuesday, causing many questions for Windsorites.
With the cost of inflation and shrinkflation, Maritimers are paying more for Halloween candy this year.
S岣祑x瘫w煤7mesh 脷xwumixw (Squamish Nation) Chef Paul Natrall, the man behind Indigenous food truck Mr. Bannock, is bringing cooking classes on First Nations fare to schools and offices throughout Metro Vancouver.
The Celtic Colours Festival is taking place at venues around Cape Breton Island in Nova Scotia from Oct. 11 to 19.
Sometimes love is written in the stars, but for one couple, it鈥檚 written in the aurora borealis.
Canadian hip hop artist Dillan King says running 100 marathons in 100 days was not only the hardest thing he has ever done, but the 'proudest accomplishment' of his entire life.
James Taylor never expected to be walking home with a bag full of groceries he didn't buy.
This weekend marks the fifth anniversary of a large blizzard that paralyzed Manitoba.
There was an eye-catching mix of rainbows and lightning over Vancouver following a brief downpour this week.
Jeff Warner from Aidie Creek Gardens in the northern Ontario community of Englehart has a passion for growing big pumpkins and his effort is paying off in more ways than one.
Mounties are expected to release new details Wednesday about their investigation into the disappearance of Amber Manthorne, who was reported missing on Vancouver Island more than two years ago.
A semi driver who struck an overpass along Highway 1 while towing a modular home through B.C.'s Fraser Valley last week has been charged, authorities said Wednesday.
Advance polls close at 8 p.m. Wednesday after record numbers of B.C. voters cast an early ballot on previous days.
The City of Toronto is unveiling a strategy to guide its economic growth over the next decade, calling for 鈥渁 new approach鈥 to help solve some of its toughest challenges.
Metrolinx has made significant changes to its senior leadership team as the provincial transit agency struggles to get two light rail projects on track, a new memo obtained by 愛污传媒 Toronto shows.
Peel police say a man who allegedly stole nearly $260,000 worth of goods from the LCBO over the course of 90 thefts in the past year is facing charges.
Calgary police have released photos of a man they're hoping to identify as they investigate his suspicious behaviour with two minors.
RCMP have arrested an Airdrie man accused of fraud and laundering money.
The Calgary Humane Society is hoping to find a forever home for its longest-staying canine resident.
An Ottawa woman, 25, is facing charges after a multi-vehicle crash on Highway 417 in Ottawa's west end last spring left one child dead and seriously injured others, according to the Ontario Provincial Police (OPP).
The Department of National Defence confirms unexploded bombs from the Second World War lie buried inside the Mer Bleue Bog, a popular hiking and skiing area in Ottawa鈥檚 east end.
People travelling on VIA Rail trains through Ottawa are being warned of potential delays of up to an hour due to new restrictions imposed by Canadian National Railway, the company that owns the tracks.
A 65-year-old woman has died in a possible hit-and-run in Laval Wednesday morning, police say.
Montreal police have arrested a suspect in connection with the deadly stabbing of a 37-year-old man on the platform of the Guy-Concordia Metro station.
Bilingual Quebec municipalities have lost their bid to have several parts of the government's French-language reform suspended while their case makes its way through the courts.
A pedestrian is dead after a hit-and-run crash on Highway 16 west of Edmonton.
Educational support staff at Edmonton Public Schools will hold strike votes over the coming days.
It doesn't look like it'll rain non-stop all day today. But, we have a few scattered showers in the area this morning and there's a very good chance of some showers this evening.
Nova Scotia Premier Tim Houston has announced a new retirement benefit for doctors based on their years of service in the province.
Three of New Brunswick鈥檚 provincial party leaders will take part in a roundtable discussion hosted by CTV Atlantic tonight.
Advance polls in the New Brunswick election brought out 110,364 eligible voters on Saturday and Tuesday, surpassing pre-pandemic advance voter turnout.
A candidate in last year's Manitoba provincial election has been found to have forged two signatures on her nomination form.
Two people have died after a fiery collision on a Manitoba highway earlier this week.
A federal headquarters focused on freshwater in Canada is coming to Winnipeg.
Here's where you can watch Wednesday nights Leaders' Debate between Saskatchewan Party Leader Scott Moe and NDP Leader Carla Beck.
Social Connections Group is a local football program put on by Speech and Language Builders Inc. in connection with Regina Youth Flag Football for kids with social communication and social skill difficulties.
Wednesday is World Food Day and one Regina group recognized the day by highlighting some of the work being done in the city to fight food insecurity which continues to rise, according to the organization.
More than a dozen Chihuahuas were found abandoned in crates at the side of a rural road last month.
The OPP has acknowledged that one of its employees did not follow the organization's policy when an alleged victim of sexual assault called its London detachment earlier this year to report an incident involving eight former junior hockey players.
The Sikh community, living in the Region of Waterloo, are keeping a close eye on the ongoing diplomatic dispute between Canada and India.
Investigators with the North Battleford Fire Department and the Saskatchewan Public Safety Agency were unable to determine the cause of a fire that destroyed the Best Canadian Motor Inn on Monday night.
The Saskatchewan Party unveiled its $1.2 billion election platform on Saturday, which is largely built on tax relief and affordability.
A humble city in Saskatchewan appears to be consuming more methamphetamine than anywhere else in Canada, based on recent Statistics Canada data.
Police are searching for a 24-year-old suspect charged near Parry Sound with impaired driving causing three deaths who failed to show up for court.
A 61-year-old was killed early Tuesday morning in a collision on a gravel road north of Elliot Lake.
A resident got a scare early in the morning Wednesday in Elliot Lake when an unknown man entered their home carrying a knife.
A 26-year-old London man is charged with mischief under $5,000, theft of a motor vehicle and dangerous operation of a vehicle.
The Repeat Offender Parole Enforcement (ROPE) Squad is looking for Terry Thompson, who is wanted on a Canada-wide warrant for breach of statutory release.
For the second time in a little more than a month, fire broke out at an abandoned building on Dundas Street in London. After receiving multiple 911 calls, London fire crews were dispatched to 737 Dundas St.
A woman from Scarborough is facing charges and will have to find an alternate method of travel after police say she was clocked speeding nearly 90 km/h over the limit in Innisfil.
A retired Innisfil woman was in shock for a week after becoming a millionaire with the lottery.
Police are investigating a drive-by shooting in Springwater Township that they say happened over the Thanksgiving Day long weekend.
Environment Canada has issued a frost advisory for Windsor and Essex County.
The Salvation Army Windsor Centre of Hope has stocked shelves thanks to a successful food drive.
Chatham-Kent police were cracking down on drivers over the Thanksgiving weekend.
Mounties are expected to release new details Wednesday about their investigation into the disappearance of Amber Manthorne, who was reported missing on Vancouver Island more than two years ago.
Leaders of the B.C. NDP and the B.C. Conservatives will be on Vancouver Island today for campaign events on the last day of advanced voting before British Columbia's provincial election on Saturday.
Prime Minister Justin Trudeau is testifying today, for the second time, as part of the federal inquiry into foreign interference.
Dave Lindsey began growing giant pumpkins to bring a bit of magic to his grandkids' Halloween.
A U.S. District Court judge in Montana has sentenced a 27-year-old man from Kelowna, B.C., to 18 months in prison for using fake names to buy guns with the aim of selling them in Canada.
Nearly two years after a man was stabbed to death in downtown Kelowna, RCMP have made an arrest in the case.
Health-care advocates say the province's plan for a new primary care agency, operating separately from Alberta Health Services, won't help with doctor shortages in Lethbridge.
The Vancouver Giants scored late to force overtime before winning 4-3 over the Lethbridge Hurricanes Friday night.
If you鈥檙e looking for something to do this long weekend, the Lethbridge Corn Maze is open and hosting its annual fundraiser on Monday.
Some of the world鈥檚 best curlers have arrived in Sault Ste. Marie for the second annual Soo Fall Classic that many curlers say has become a can鈥檛 miss event.
A resident got a scare early in the morning Wednesday in Elliot Lake when an unknown man entered their home carrying a knife.
Glen Morningstar of Blind River won the Ontario 49 top prize of $2 million in the Sept. 7 draw.
A five-hour drive from St. John's, N.L., and well off the beaten path, Point Leamington seems an unlikely spot for a one-of-a-kind tourist attraction.
A Conservative MP from Newfoundland and Labrador says some small towns in his rural riding are overrun with crime, but police say they haven't received reports to that effect.
As millions in federal funding flow into a Labrador group whose claims of Inuit identity have been rejected by Indigenous organizations across Canada, a national Inuit leader worries the Liberal government is putting the rights of Indigenous Peoples at risk.
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