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

Korea offers quick delivery of submarines, tanks, missile systems, jets and howitzers, as tensions rise between Canada and the US, amid concerns over US weapons – and its president

The EU hits back, saying it will impose counter-tariffs on $28 billion worth of US goods from next month; China and US allies in the Asia-Pacific also not happy

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

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

Top Japanese carmaker wants to regain market share in the world's largest auto market. With features similar to local rivals and priced at $15,000, it could do that

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

Southeast Asian nations seen being caught in US dragnet, while tariff exemptions for carmakers have put the spotlight on Trump's use of exemptions, which critics liken to 'crony capitalism'

Taiwanese officials maintain TSMC won’t begin producing 2nm chips the US before 2028 amid concern that the chipmaker could lose its geopolitical importance