Tesla
Tesla ruled to compensate owner for sales fraud in China
Tesla was previously sued by an owner for alleged sales fraud, and now the final verdict shows that Tesla is required to return the purchase price of the car to the owner for RMB 778,200 ($120,304) and pay the same amount of compensation.
Tesla Model Y insurance registrations in China up 131% in May from April
Tesla's sales in China plunged in April from March, but the numbers have rebounded sharply in May as production capacity has recovered.
Tesla raises starting price of Model S Plaid in China by about $9,395
Tesla on Friday raised the starting price of the Tesla Model S Plaid in China by RMB 60,000 ($9,395) to RMB 1,059,990. The model was previously priced at RMB 999,990.
Tesla may launch China-made Model Y with LFP batteries in July
The China-made Model Y is currently powered by ternary lithium batteries supplied by LG. Lower-cost LFP batteries would mean a lower price for the model in China.
Tesla Model Y ranks second in NEV sales in China in May
The Tesla Model Y came in second with 12,728 sales, and the Model 3 was third with 9,208 sales.
Tesla China's wholesale sales in May reached 33,463 units, up about 202% from a year ago
Tesla China's retail sales in May reached 21,936 units, the CPCA said, adding that Tesla China exported 11,527 vehicles in May.
Investigation finds accident that killed one police officer unrelated to quality of Tesla vehicle
The accident had nothing to do with the Tesla-branded vehicle itself, and police identified that the driver was fully responsible.
BYD says its new energy vehicle sales will surpass Tesla China's in June
BYD's new energy vehicle sales will surpass Tesla China's by June this year and the company is on track to become the global new energy vehicle champion within the year, it said.
Owner complains Tesla vehicle abnormally lost power, trapping him inside
Tesla has been accused by a car owner of trapping him inside his car after a slew of complaints about its brakes not working.
Tesla's May orders in China reportedly halved from April
Tesla's net orders in China in May were nearly halved to about 9,800 from more than 18,000 in April, The Information reported Thursday, citing sources familiar with the matter.