Tesla

Tesla's share of the Chinese BEV market was 10.61 percent in January, down from 12.68 percent in December.

The Tesla sales, which include exports from China to overseas markets, were up 8.17 percent year-on-year, but down 24.1 percent from December.

The entire Model Y lineup has been upgraded to the HW 4.0 self-driving computer, while the price remains the same.

In addition to offering cash discounts on select Model Y stock vehicles, Tesla is also allowing customers to get paid paint for RMB 2,000 that would otherwise sell for RMB 8,000 or RMB 12,000.

In the fourth quarter, Tesla's revenue from China was a record $6.1 billion, or 24.25 percent of its total revenue.

The new Tesla Model 3 Performance is expected to go on sale in China in the second quarter, and its price tag will likely be close to RMB 400,000 yuan, according to local media.

Cybertruck's tour of China will begin on Sunday, January 28, and will debut in eight cities.

Li Auto released a range test comparison video of the Li Mega versus the Tesla Model X to show that its first BEV model has better performance.

Tesla said its vehicle volume growth rate in 2024 could be notably lower than in 2023 as the team works to roll out next-generation vehicles at its Texas plant.

Last month, a Chinese media outlet reported that Tesla was planning to restart the third phase of its Shanghai factory, possibly focusing on a $25,000 model.