Tesla

Tesla's latest electric drive system is the Performance 4DU for the 2024 Model 3 Performance, claiming a 32 percent peak power increase over its predecessor.

Tesla is likely to get regulatory approval to launch FSD in markets such as Europe and China by the end of this year, Elon Musk said.

Tesla began offering a 0-interest loan incentive in China in April, valid through June 30. It extended the offer on July 1 until July 31.

The latest wait times in China for all three variants of the Model 3 are 3-5 weeks, extended from the previous 2-4 weeks. The Model Y remains unchanged at 1-3 weeks.

Model 3 wait time went from 1-4 weeks to 2-4 weeks, Model Y remains unchanged at 1-3 weeks.

In the first half of 2024, BYD was No. 1 in China's NEV market with a 33.8 percent share, while Tesla was No. 3 with a 6.8 percent share.

Tesla sold 59,261 vehicles in China in June, down 20.15 percent year-on-year but up 7.33 percent from May.

Multiple state-owned enterprises in Shanghai have purchased Tesla Model Ys as part of the city's efforts to optimize business environment and demonstrate equal treatment for domestic and foreign companies.

A Tesla model's entry into a local government purchasing catalog in China is rare, considering that government parks have previously banned Tesla vehicles due to security concerns.

Today's changes reduce wait times for the Model 3 and Model Y in China to an all-time low. Silver paint is no longer exclusive to the Model Y.