Tesla

To ensure production capacity, the phase 1 battery line at Tesla's Shanghai factory, which had previously been shut down, is scheduled to resume production in September, according to local media.

Tesla is in the final stages of producing display vehicles that will be shipped to Tesla showrooms later in August, with mass production expected to begin in September, according to Bloomberg.

Tesla's revamped Model 3 is expected to go on sale in China within half a month, with some stores already accepting reservations from consumers for the new model, according to local media.

Tesla has nearly doubled the discounts for the Model S and Model X in China from what it was previously offering, after it began a promotion for both models on July 1.

Tesla plans to form a local operations team of around 20 people initially to bring FSD to the Chinese market, according to local media.

Tesla has clarified sentry mode after a Chinese airport banned Tesla vehicles from its parking lot because of the feature.

Tesla cut the prices of two pricier versions of the Model Y by RMB 14,000 in China and started offering an RMB 8,000 insurance subsidy for the Model 3 entry-level version in inventory.

China's improving public charging system may be causing the utilization of Tesla's charging facilities to slip.

BYD was No. 1 in China's NEV market in January-July with a 37.2 percent share, while Tesla was No. 2 with an 8.7 percent share.

In the Chinese BEV market, Tesla's share was 7.46 percent in July, down from 16.53 percent in June, but up from 2.34 percent a year earlier.