Tesla has cut Model Y production at its gigafactory in Shanghai in response to dwindling demand for its electric cars in the face of sharp price competition from low-priced Chinese manufacturers.
Tesla has recently been drawn into a price war due to fierce competition from local Chinese rivals. Data from the China Association of Automobile Manufacturers (CAAM) shows a drop in Model Y ...
Chinese production of the Tesla Model Y has reportedly endured significant cuts as demand for the best-selling electric SUV wanes – but it's not yet clear whether Australian deliveries have been ...
(Bloomberg) -- ByteDance Ltd. is slashing about 450 jobs at its Indonesian e-commerce arm in the first round of cuts since ...
The U.S. tariffs block virtually all Chinese EV imports. In contrast, the European Union needs affordable electric cars from ...
The world’s biggest EV manufacturer has finally started announcing the details of its mass staff reduction efforts this year, ...
, opens new tab China-made electric vehicles dropped 6.6% from a year earlier to 72,573 units in May, extending a year-on-year decline for a second month, data from the China Passenger Car ...
Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X ...