China has granted approval to a first group of nine automakers to carry out tests on vehicles with advanced autonomous driving technologies on public roads, as part of a plan to accelerate adoption of self-driving cars. The tests of so-called level three autonomous driving technologies will be carried out by automakers including BYD and Nio, as well as major state-owned manufacturers such as Changan Automobile, GAC and SAIC, according to a statement published by the industry ministry on Tuesday. Fleet operators such as ride-hailing companies will also be involved in the tests...

Tesla has pulled the start of production for its next-gen vehicles to no later than early 2025. Read why I remain bullish on TSLA stock...

Tesla investor KLP, Norway's largest pension fund, will vote in favour of a shareholder proposal urging the U.S. electric vehicle maker to engage in wage and other labour negotiations as it continues to face industrial action in Sweden. A strike by Tesla mechanics in Sweden, among the country's longest labour disputes, has since Oct. 27 disrupted operations, spurring the concern of Nordic institutional investors and sympathy strikes in the Nordic region. Tesla will hold its annual general meeting on June 13...

Tesla’s sales in China rose in May, as the country’s demand for electric vehicles picked up, thanks to government trade-in programs and consumer interest generated by the Beijing Auto Show...