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 Inc. shipments from its Shanghai factory fell for a third time this year in May, contrasting with robust growth for ...
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 ...
Li Auto workers are facing layoffs or minimum wage due to weak electric vehicle sales. China's auto sector is struggling with ...
Tesla Inc. has asked the European Union to subject its electric vehicles to a lower tariff rate than other manufacturers ...
(Bloomberg) -- ByteDance Ltd. is slashing about 450 jobs at its Indonesian e-commerce arm in the first round of cuts since ...
Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X ...
Tesla's stock has followed a predicted downward trend, consolidating around its current price level. Click here to find out ...
Elon Musk's leadership at Tesla faces scrutiny amid financial challenges and strategic shifts, questioning the narrative of ...
Gold fell the most since April as surprise strength in a key US jobs report dashed hopes that the Federal Reserve will be ...
Gold futures posted their lowest finish in about a month on Friday, pressured after stronger -than-expected monthly U.S. jobs ...
The U.S. economy created far more jobs than expected in May and annual wage growth reaccelerated, underscoring the resilience ...