Tesla is evaluating whether Model 3 and Model Y EVs made in Gigafactory Shanghai could be sold in North America starting in 2023, sources say.
All of the crashes involved Tesla-made vehicles.
GM surges, peers also gain, though some see declines amid market pressures.
Tesla plans to increase production of Model Y and Model 3 EVs in Q4 and keep growth going as newer factories in Austin and Berlin come online in 2023.
No-haggle prices and sizeable investments in charging infrastructure are required to sell the automaker’s electric vehicles.
Automakers have shifted to selling vehicles with better profit margins in the U.S. as supply chain shortages and shipping concerns dampen production.
iSeeCars research finds prices of battery-electric vehicles (BEVs) rose 54.3%, while used internal-combustion-engine (ICE) vehicle prices rose 10.1%.
Tesla faces new competition as new electric vehicle manufacturers come onto the scene.
The automaker’s new vehicle registrations grew 61% in the first half of the year to take the top spot among luxury automakers.
The California Department of Motor Vehicles has asked for an administrative hearing that could result in penalties.
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