Tesla has cut Model Y production at its gigafactory in Shanghai in response to dwindling demand for its electric cars in the face of sharp price competition from low-priced Chinese manufacturers.
Tesla Inc. shipments from its Shanghai factory fell for a third time this year in May, contrasting with robust growth for ...
Li Auto workers are facing layoffs or minimum wage due to weak electric vehicle sales. China's auto sector is struggling with ...
(Bloomberg) -- ByteDance Ltd. is slashing about 450 jobs at its Indonesian e-commerce arm in the first round of cuts since ...
Privately-owned firms, such as BYD and others in the EV industry, are accelerating job growth in China. According to filings, ...
Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X ...
Elon Musk's leadership at Tesla faces scrutiny amid financial challenges and strategic shifts, questioning the narrative of ...
China’s consumer prices rose less than expected in May and factory prices dropped for the 20th month in a row, stoking ...
As profit margins get squeezed, temperatures are rising in the world’s biggest car market. A tense exchange between two major ...
Tesla's stock has followed a predicted downward trend, consolidating around its current price level. Click here to find out ...
Gold futures posted their lowest finish in about a month on Friday, pressured after stronger -than-expected monthly U.S. jobs ...
The U.S. economy created far more jobs than expected in May and annual wage growth reaccelerated, underscoring the resilience ...