Tom Carter

Junior Business Reporter at Business Insider

25 | Junior Business Reporter at @BusinessInsider. Prev @telegraph. @CardiffJomec trained, all views my own.

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Articles

Cybertruck's Launch in Saudi Arabia, Dubai Is Still a Problem for Tesla - Business Insider

2 days ago | businessinsider.com | Tom Carter

Tesla is now selling the Cybertruck outside North America for the first time, but not in its biggest markets due to the vehicle's design quirks and size.
The biggest winners from Tesla's sales slump

1 week ago | businessinsider.com | Benjamin Zhang |Tom Carter

Facebook Email X LinkedIn Copy link Tesla sales continue to decline in the US and around the world as the overall EV market grows. GM and other major carmakers launched an electric offensive in the US, cutting Tesla's market share.
Want to Buy a Chinese EV? Get Ready to Pay a 250% Tariff. - Business Insider

1 week ago | businessinsider.com | Tom Carter

It was already nearly impossible to buy a BYD in the US, but the global trade war between Trump and China has made it even harder.
Why Elon Musk is breaking with Donald Trump over tariffs

2 weeks ago | businessinsider.com | Chris Johnston |Tom Carter |Henry Blodget

Elon Musk and President Donald Trump in the Oval Office. Kevin Lamarque/REUTERS 2025-04-08T12:45:05Z Facebook Email X LinkedIn Copy link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? . Elon Musk is no fan of Donald Trump's tariff onslaught.
Trump's tariffs are a 'debacle of epic proportions' for the auto industry — and consumers too, analyst says

2 weeks ago | businessinsider.com | Chris Johnston |Tom Carter |Henry Blodget

More than a fifth of cars sold in the US are built in Mexico and Canada, S&P Global estimated. Bill Pugliano/Getty Images 2025-04-07T10:41:07Z Facebook Email X LinkedIn Copy link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? . Trump's auto tariffs are now live — and they're causing major disruption for manufacturers.
These ex-Tesla employees want to launch a new Roadster before Elon Musk

2 weeks ago | businessinsider.com | Will Martin |Tom Carter |Henry Blodget

Longbow aims to sell its Roadster for £64,995 ($85,500). Longbow 2025-04-07T09:15:02Z Facebook Email X LinkedIn Copy link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? . Tesla fans are still waiting for the $200,000 Roadster, which Elon Musk unveiled in 2017.
3 things Tesla needs to do to make a comeback

3 weeks ago | businessinsider.com | Ana Altchek |Tom Carter

Tesla faces an uphill struggle as it looks to grow its car business this year. PATRICK PLEUL/POOL/AFP via Getty Images 2025-04-03T12:55:26Z Facebook Email X LinkedIn Copy link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? . Tesla's first-quarter delivery report showed the EV giant's business is in trouble.
Tesla Is Struggling While China's BYD Is Storming Ahead

3 weeks ago | businessinsider.com | Tom Carter

BYD's sales are surging this year — and not just in China. Marek Antoni Iwanczuk/SOPA/Getty Images 2025-04-02T16:41:58Z Facebook Email X LinkedIn Copy link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? . BYD, Tesla's Chinese rival, has been on a tear, with sales up 60% in the first three months of 2025.
Tesla deliveries are out — and they're far worse than expected

3 weeks ago | businessinsider.com | Ana Altchek |Tom Carter

Tesla reported its first-quarter delivery numbers on Wednesday. AP/Noah Berger 2025-04-02T13:11:56Z Facebook Email X LinkedIn Copy link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? . Tesla reported first-quarter deliveries of almost 336,700 EVs, missing analyst expectations.
Ford and GM report big sales boosts as Trump's tariffs threaten to raise prices and hit their profits

3 weeks ago | businessinsider.com | Tom Carter

Ford said retail sales had risen 5% in Q1, driven by a 19% boost in March. FREDERIC J. BROWN/AFP via Getty Images 2025-04-02T10:10:07Z Facebook Email X LinkedIn Copy link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? . GM and Ford reported big sales boosts ahead of Trump's 25% tariff on imported cars.