Elon Musk’s automaker has been backsliding in China for the past five consecutive months on a year-on-year basis.

The collapse in Tesla’s market value has been nothing short of catastrophic. At its peak on December 17, Tesla’s stock was trading at $479.86. Since then, it has plummeted more than 50%, wiping out ...

CPCA expects NEV production and sales to reach around 16 million units in 2025, surpassing the 12 million recorded in 2024.

Orders for the revamped model, which starts from US$36,292 have crossed 200,000 units, according to Chinese tech site 36kr ...