Elon Musk's Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States, Canada and Europe on Thursday, weeks after it was first released in China.

Nio Inc. (NYSE:NIO), and Xpeng Inc. (NYSE:XPEV) rose as much as 3.2% in premarket trading on Friday after President Donald Trump said in an interview with Fox News that he would rather not use tariffs against China.

"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.

Tesla has finally allowed automotive YouTubers to get up close to the refreshed Model Y. The new videos detail all the minor changes Tesla has made to the all-electric crossover. The design gets a big thumbs up,

The launch of a refreshed version of Tesla's most popular car, the Model Y, comes as the company fights its first-ever sales decline.

Xiaomi’s all-electric sedan, the SU7, outsold Tesla’s Model 3 in China for the first time in December, with the two models recording sales of 25,815 and

Tesla has been at the top of the electric vehicle segment for a while now, but its influence could be waning as a result of politics and competition.

Shanghai unveiled a total of 186 major projects in its 2025 plan on Thursday, covering various sectors such as scientific and technological innovation, advanced manufacturing, modern services, education, healthcare, culture, infrastructure, ecological civilization and rural revitalization.

Elon Musk has been a constant presence as Donald Trump charted out his second administration, writes Petula Martyn.

Tesla opened the order books of the refreshed Model Y in the US, Canada, and Europe with the Launch Series limited edition, so here's everything you should know

According to Semafor, the Tesla Model Y was the best selling EV in the world during the first half of 2024, which put it well ahead of China-based BYD’s Song. The Model Y had sales of 546,000 during the period.