Tesla has revealed plans to make a cheaper version of its best-selling Model Y in Shanghai, according to three sources speaking with Reuters.

Critics said the spectacle stretched the bounds of what is ethical in the White House, with Trump openly seeking to boost the financial fortunes of Elon Musk.

Tesla is preparing to launch a couple of new more affordable electric vehicles and the first one is expected to basically be a stripped-down Model Y, according to a new report from China. We have been reporting on this new vehicle program from Tesla for a while now.

Tesla is facing a worldwide backlash after Elon Musk openly sided with the far-right movements, with sales crashing and people selling their Teslas

After a slight rebound earlier this week, Tesla's TSLA stock is back to falling, keeping with its recent performance. Even U.S. President Donald Trump's purchase of one hasn’t done much to spark real momentum for the electric vehicle (EV) leader.

Tesla stock closed down 3% at $240.68, while the S&P 500 and Dow Jones Industrial Average lost 1.4% and 1.3%, respectively. Tesla stock rose 7.6% on Wednesday after gaining 3.8% o

The US president says protesters against Elon Musk's electric car firm should be labelled "domestic terrorists".

Protests against Elon Musk, his Tesla company and the DOGE Task Force are growing across the country. So much so that President Trump announced he will label violence against Tesla dealerships as domestic terrorism,

Tesla will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge of the matter said, aiming to regain ground lost during a price war in its second-largest market.

In a bid to regain market share in China, Tesla (NASDAQ:TSLA) is reportedly developing a lower-cost version of its best-selling Model Y in Shanghai. Citing people with knowledge of the matter, Reuters reported that the new model will be more compact and at least 20% cheaper to manufacture than the refreshed Model Y,

Tesla will launch a stripped-down Model Y as its first "affordable" electric vehicle, according to a Chinese media report Thursday, while Reuters had a slightly different take Friday. Tesla stock rose slightly Friday after falling Thursday amid general market weakness.