The car will cost at least 20% less to produce than the refreshed Model Y launched last year, sources said. Production will begin next year.

Singapore prosecutors say local firms have been accused of fraudulently supplying $390m worth of US servers to Malaysia, amid reports it involves Nvidia chips sent to China

TSMC proposed setting up a firm with design giants like Nvidia to run Intel's chip fabs, but the US firm's new CEO has told employees he wouldn't split the group up

Musk's admission that he could oversee US government cost-cutting for another year, despite 'great difficulty' also heading Tesla, spurred a 15% fall in its share price on Monday

Wealthy Chinese are investing in Musk’s businesses, despite deteriorating ties between Beijing and Washington, by using an arrangement that hides their identities

Potential buyers reportedly include Amazon, Oracle and Microsoft, the YouTube star MrBeast and Frank McCourt

Former central banker Mark Carney will have to deal with major trade issues with the US and China after he is sworn in as Canada's new leader in coming days

Customs data released by China on Friday shows that imports fell by over 8% in January and February, while exports also slowed before tariffs were imposed by the new US President

US President is drafting an executive order that will set up a Maritime Security Trust Fund as a funding source and create shipbuilding incentives through tax credits, grants and loans

The deal, for 80% of CK Hutchison's stake in Hutchison Ports, will give the US consortium control of key Panama Canal ports amid White House calls to end 'Chinese ownership' of the waterway

Global trade in farm goods could be reshaped if Beijing fails to reach a trade deal with the Trump Administration that sees tariffs lifted or reduced

Beijing will use its biggest outlay of debt in three decades to try to bolster domestic consumption - and ward off the impacts of a burgeoning trade war with the US this year