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

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

Countries in Central and South Asia continued to see some of the worst air quality, with India's New Delhi being the most polluted capital city in the world

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

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