Tesla

Tesla is working on a redesign of the Model 3 codenamed "Highland," with a focus on reducing the number and complexity of the model's interior, according to Reuters.

Tesla's recall includes 67,698 imported Model S, Model X electric vehicles, and their problems will be fixed through OTA update.

Tesla's two promotions in China over the past two months have not had the desired effect, local media said.

A Chinese court has ordered the man to publicly apologize to Tesla in a newspaper and pay compensation of 10,000 yuan.

Faster deliveries from Tesla in China near the end of the year are expected to allow more local consumers to take advantage of the expiring state purchase subsidies.

The driver said he kept one foot on the brake, hoping it would eventually work to stop the vehicle.

Factors including the devaluation of the RMB, lower raw material prices in China and higher auto prices in the US have made Chinese exports to the US potentially cost-competitive.

The accident killed two people and injured three others. Tesla said the accelerator pedal was depressed throughout the accident.

Tesla plans to add Supercharger stations in November in 26 more cities, including Beijing, Xi'an and Nanjing.

While Tesla's inventory numbers remain low relative to established automakers, building inventory has been a down-cycle indicator for the industry.