Tesla has cut prices by nearly $2,000 across its models in China, after price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against cheaper Chinese EVs. Elon Musk's EV maker cut the starting price of the revamped Model 3 in China by 14,000 yuan ($1,930) to 231,900 yuan ($32,000), its official website showed on Sunday...

San Francisco (Reuters) -Tesla slashed the price of its Full Self-Driving (FSD) driver assistant software to $8,000 from $12,000 in the United States, as CEO Elon Musk doubles down on self-driving technology. Musk earlier this month said Tesla will unveil its robotaxis on Aug. 8, after Reuters reported Tesla had scrapped its inexpensive, mass-market car in favour of robotaxis. According to the Tesla website, customers can now pay $8,000 for the FSD feature, or subscribe to use it for $99 a month...

BEIJING (Reuters) -Tesla has cut prices by nearly $2,000 across its models in China, after price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against cheaper Chinese EVs. Elon Musk's EV maker cut the starting price of the revamped Model 3 in China by 14,000 yuan ($1,930) to 231,900 yuan ($32,000), its official website showed on Sunday...

The Nasdaq had its worst week since 2022 as AI stocks Nvidia and Super Micro flashed sell signals. Tesla, Microsoft, Meta lead earnings on tap...

Tesla cut Model Y, S and X prices in the U.S. and all models in China. Effective U.S. Model Y prices are still up vs. a week ago...

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"We've been through a lot of white-knuckle moments for Musk and Tesla," Ives said. "This is up there."...

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Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla's most popular model and the top-selling electric vehicle in the U.S., and also of the Models X and S, its older and more expensive models. The move came the day after Tesla's stock tumbled below $150 per share, eliminating all gains made over the past year...