Tesla is preparing to launch a more affordable version of its Model Y in Shanghai, China. This strategic move comes as the ...

China has vowed to increase household wealth, boost the stock and property markets and funding for artificial intelligence (AI), under a 30-point action plan to stimulate consumption released on ...

Teams at Tesla’s Shanghai plant are working to strip features from the current Model Y or simplify them so that the new model ...

Tesla has already started offering 0% APR on loans for the new Model Y in China, showing a clear sign of weak demand. We recently reported that Tesla is under increased pressure from competition in ...