Before a full FSD rollout, Tesla still needs Chinese approval to collect and transfer data that Tesla's cars need to train its driver-assistance features
The electric vehicle-maker's IPO will be the biggest in the United States by a Chinese company in more than two years
Chinese electric vehicle-makers have rushed to take on Tesla, despite increasing competition, slowing demand and looming oversupply
Elon Musk’s firm has seen its stock fall by about 31% so far this year with customers slow to transition away from fossil-fuelled motors
Lawmaker Sherrod Brown, who has also demanded steep tariffs on Chinese EVs, says they are a threat to American automakers
The German automaker is also planning to roll out two new models as part of its tie-up with Chinese firm Xpeng
The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $25,000
The drop in numbers comes despite steep discounts BYD has handed out on its vehicles, signalling that Tesla's global clout will not be easily challenged
Southeast Asia has emerged as one of the hottest EV markets and could boost Tesla at a time when demand is slowing in its two biggest markets: China and the US
The slowdown has fuelled intensifying competition in China's EV market, led by a fresh round of deep cuts by Tesla-beating carmaker BYD
The European Commission said increasing imports from China risked injuring the region's carmakers at a magnitude "that would be difficult to repair”
The world’s two biggest EV-makers have been locked in a drawn-out and brutal price war in China since the beginning of last year