Tesla will utilise its established foundations and production lines to present the so called ‘more affordable’ models by early next year.

Tesla has unveiled the latest iteration of its Model 3 lineup, introducing the Highland Performance variant to the U.S. Promoted as the most potent Model …

The new Tesla models will be launched ahead of the target period of the Model 2 and will also included more affordable variants.

Tesla is currently surrounded by major layoffs, vehicle price cuts and urgent calls by investors for clarity on product strategy.

Tesla has been adopting the price reduction strategy in order to woo customers amid slowing EV demand and its ageing model lineup.

BYD has already delivered nearly 20,000 units of Bao 5, the first model under its premium Fangchengbao brand.

At Tesla’s German plant, 3,000 of the carmaker’s roughly 12,000 staff have been reportedly fired.

Hyundai Motor Co and Kia Corp signed a memorandum with India’s Exide Energy Solutions Ltd on Monday about the production of batteries for their EVs …

The Tesla Model Y has witnessed a price hike of USD 1,000, affecting its entire model lineup. The Model Y prices now start at USD …

Tesla has been slow to refresh its aging models while high interest rates have sapped consumer appetite for big-ticket items.