Tesla loses spot as world’s top EV seller to Chinese rival after car deliveries plunge 9% in 2025

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Tesla said its vehicle deliveries plunged 9% in 2025 – a worse-than-expected drop that knocked Elon Musk’s company out of its No. 1 spot among world’s EV sellers and handed it to a Chinese rival. The electric automaker said Friday it recorded deliveries of 418,227 in the fourth quarter, down 16% from the same period […]


Tesla’s Australia May sales soar, a bright spot amid struggles

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Electric vehicles outside a Tesla dealership in Melbourne on April 19, 2023. William West | AFP | Getty Images Tesla may be facing declining sales in the U.S. and Europe, but it reported a bright spot in Australia — where its electric vehicle sales rebounded to their highest level in nearly 12 months in May. […]


Luxury jungle-themed hot spot Gitano’s lands new home at South Street Seaport

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A tropical “paradise” is coming to the concrete jungle. Grupo Gitano signed a lease for a nearly 14,000 square-foot theme restaurant and club on two levels at Pier 17 — the first major deal by the property’s new owner, Seaport Entertainment Group (SEG). The East River structure is home to restaurants including Jean-Georges Vongerichten’s Fulton […]