Tesla on Tuesday made a long-awaited update to its autopilot software in China to add a city navigation feature, but the move disappointed Chinese owners who said it fell short of Elon Musk's promises.
Tesla's new Model 3 sedans wait to be shipped aboard at Shanghai Haitong ... [+] International Automotive Terminal on March 14, 2024 in Shanghai, China. (Photo by VCG/VCG via ) Tesla U.S. lease deals on the Model 3 are slated to end soon as threats to eliminate the tax credit loom.
Elon Musk's Tesla is under pressure in the world's largest car market from EV giant BYD and its rivals that are fast expanding outside China.
Tesla has been a dominant force in China for years, but now, a new Chinese automaker is challenging the American manufacturer.
A1,("Cathode Powder and Processes)," describes a method for producing lithium iron phosphate (LFP) cathode materials for the Tesla
Musk has repeatedly stated that Tesla’s long-term value lies in autonomous driving and robotics, but its investors don't seem so sure. With sales declining and investor confidence wavering, the immediate question remains: does Musk still care about selling cars, or has he already moved on?
Overall EV sales in Europe surged 34% in January, while Tesla saw its sales across the continent plummet by a staggering 45%.
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