Most bosses are defeating shareholder attempts so far this year to tamp down their pay. The question now is whether Tesla CEO Elon Musk can do the same.
In this article, we will be taking a look at the biggest Asian car company by sales. If you want to see our extensive list, you can check out the 15 Biggest Asian Car Companies by Sales. Global Automotive Market: Growth Trends and Projections (2023-2030) The global passenger car market was valued at around $1.66 […]
"No Model Y 'refresh' is coming out this year", Musk said, adding that Tesla continuously improves its cars, "so even a car that is 6 months newer will be a little better." Tesla has been slow to refresh its ageing models as high interest rates have sapped consumer appetite for big-ticket items, while rivals in China, the world's largest auto market, are rolling out cheaper models. Last year, Reuters reported that Tesla was readying a production revamp of Model Y with a target of starting production in 2024.