Tesla Rival Hyundai Rolls Out New Electric SUV

Published by
The Street

By Kirk O’Neil The South Korea electric vehicle maker rolls out a second generation version of its all-electric SUV. Every Tesla competitor is busy designing new electric vehicles and racing them out to the showrooms as quickly as they can to try to cut into the leading EV company’s market share. Tesla (TSLA) – Get Free Report is the leading producer of electric vehicles having set a record with 1.37 million EVs produced in 2022. The company has set a goal to produce 20 million EVs a year by 2030. Tesla is expanding further as it plans to build a $3.6 billion battery and Tesla Semi truck manuf…

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