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Tesla missed market estimates for third-quarter deliveries on Monday as planned upgrades at its factories to roll out a newer version of the Model 3 mass-market sedan forced production halts.
The Peugeot E-3008 will offer up to 435 miles of range, and it's a mid-market crossover SUV, not a luxury sedan. Is Tesla in for some challenges ahead?
Tesla shares fell nearly 6% on Friday after the electric automaker unveiled a restyled, China-made Model 3 with a higher price, while slashing prices of its premium vehicles and its "Full Self-Driving" (FSD) software.
With dealers again sitting on full lots, prices are falling, though they're dropping faster on some models than others.
Mercedes EQE electric SUV will sits between the EQB and EQC on the one hand and the flagship EQS on the other.