The electric vehicle market appears to be gaining momentum. Outside of the leader in the market, Tesla NASDAQ: TSLA, EV firms are posting new records in sales.
Tesla has launched a refreshed Model Y in China as it fights off fierce competition from local rivals. The new Model Y is also available to order in Australia and parts of Asia, but there's no sign of a US release yet.
Tesla might be about to make a huge windfall off its rivals failing to sell enough EVs. The US automaker is banding together with rivals like Ford and Toyota to help them meet tough new European emissions rules.
Tesla said on Friday it was recalling about 239,000 vehicles over an issue that could cause the rear-view camera to not display an image, increasing the risk of a crash.
Tesla on Friday announced a revamped version of its popular Model Y in China, as the U.S. electric car giant looks to fend off challenges from domestic rivals. The Model Y will start at 263,500 Chinese yuan ($35,935), with deliveries set to begin in March.
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Tesla has unveiled a refreshed version of its best-selling Model Y in China, taking direct aim at intensifying competition in the world's largest electric vehicle (EV) market.
Tesla has revealed a new-look Model Y meant for the Chinese and other Asian-Pacific markets, marking the first major update to the SUV since its launch in 2020.
Tesla on Friday launched a revamped version of its Model Y car in China, its best selling yet aging model, with a starting price of 263,500 yuan ($35,938).
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A Delaware judge has approved a settlement that will see Tesla directors – including Chair Robyn Denholm, Oracle founder Larry Ellison, Kimbal Musk, and James Murdoch – return up to $919 million to the automaker, officially resolving allegations that they overpaid themselves, per Reuters.