The Vietnamese EV-maker hopes to compete with existing automakers in the US by offering two models, the VF8 and VF9, with starting prices of $59,000 and $83,000

Tesla’s Autopilot team set out to engineer and record a “demonstration of the system’s capabilities” at the request of Musk, a senior engineer said

Jakarta has long courted the US auto company over setting up a production hub to build electric vehicle batteries and cars

Several Tesla owners in Shanghai also said they felt misled by Tesla sales staff who told them they would face higher prices in the new year

Tesla saw demand for its electric vehicles skyrocket in China after it announced major price cuts on January 6, according to local media and company PR

Tesla has chosen to lower prices and take some additional downtime at the Shanghai factory to bring supply and demand back in balance

Price cuts announced by Tesla in China on January 6 upset customers who had already bought the company's cars so much that protests were staged in front of some stores

The US automaker slashed prices for all versions of its Model 3 and Y vehicles, which, along with a reduction in October, amount to a 13% to 24% reduction in prices from September.

Rival Chinese electric vehicle maker BYD and the budget-EV joint venture of General Motors in China both outsold the US carmaker

BYD captured China's middle-class market with affordable and locally made EVs, pushing ahead of Elon Musk's Tesla, the SCMP said

Zhu's title of Greater China VP remains unchanged and he continues to hold the position of the US electric vehicle-maker's most senior executive for sales in the rest of Asia

Tesla's Korean outlet was fined $2.2m for failing to tell customers its EVs' driving range would drop significantly in cold weather. Meanwhile, the group delivered a record 1.3m vehicles in 2022