The Chinese electric vehicle giant has described its new fast charging platform as similar to filling up a fuel tank at the pump

Tesla is aiming for a full rollout of FSD in China this year, and is working with tech giant Baidu to improve the performance of the system

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.

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

Tesla has deals to sell credits to European carmakers who are still selling gasoline-powered vehicles so they can avert huge fines

The Elon Musk-led carmaker is finally set to enter the Indian market, a move it has delayed for years citing the country's high tariffs on imported EVs

The Chinese EV giant's move to introduce self-driving to its cheapest EV models — priced as low as just $9,555 — far undercuts rivals such as Tesla

This is the second time BYD has overtaken Tesla as the world’s biggest seller of electric vehicles in a quarter

The Shanghai Megapack facility, completed in December, is projected to produce about 10,000 Megapack units a year – 40 GWh of annual capacity.

Despite the sales bump, though, Tesla is still close to losing its top global EV-seller crown to Chinese rival BYD

Shenzhen-listed shares of the carmaker were up 5.74% at close of trade on Monday, while its Hong Kong-listed stock was up 3.53%

New report identifies market-leading companies that allegedly showcase corporate power’s adverse impact on democracy