Tesla

Data released Monday showed that sales of the Tesla Model 3 minivan in China fell as much as 64 percent in April, despite the electric car industry's recovery.

Tesla today announced a paid OTA service for the Model 3 long range all-wheel drive version.

Electric car maker Tesla has reached an agreement with a Chinese lender to provide up to 4 billion yuan (about $565.51 million) in working capital loans for its Shanghai-based auto plant, a regulatory filing showed Friday.

In its first-quarter earnings report, electric car maker Tesla revealed that its Shanghai Gigafactory is building its Model Y facility, and the latest aerial video shows that the steel structure of the Model Y facility is almost complete.

On May 7, Tesla's Shanghai factory went into a shutdown. Just as the crowd was worried that the shutdown might affect delivery of the Model 3long-range version.

In response to today's report that the Tesla Shanghai factory may be shut down due to a lack of overseas parts, Tesla China offered a clarification. 

CITIC Securities believes that Tesla's price cut to below 300,000 yuan will open a whole new market, corresponding to a market capacity expected to double.

Tesla CEO Elon Musk wants to extend the lifespan of electric car batteries to 1.6 million kilometers, and a new patent filed by the company confirms that Tesla is accelerating towards this goal.

A new drone video shows that the Tesla Shanghai Gigafactory looks set to double in size as Tesla promises to produce the Model Y in China.

In mid-April, images circulated online showing a Tesla Cybertruck appearing on the streets of Shanghai immediately caused a stir among Tesla enthusiasts.