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Tesla and global carmakers race against Chinese EV rivals at Shanghai import expo

International carmakers, led by Tesla, are intensifying competition with Chinese EV manufacturers at the China International Import Expo (CIIE) in Shanghai. Major brands like General Motors and Volvo are showcasing advanced technologies to regain market share, as domestic EV makers dominate over 90% of sales. Tesla launched a longer-range Model Y and showcased its Cybercab, while other brands like Volkswagen and Volvo presented their latest innovations. The event highlights the shift in the automotive landscape, with foreign brands striving to adapt to the rapidly evolving Chinese market.

南华早报·
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TSDD
+7.52%
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TSLL
-7.55%
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TSLQ
+7.46%
南华早报·
US
TSDD
+7.52%
US
TSLL
-7.55%
US
TSLQ
+7.46%

Tesla Shareholders Reject Proposed Investment in xAI

Tesla shareholders have rejected a proposal for a $5 billion investment in Elon Musk's AI startup, xAI, despite over 1.06 billion votes in favor. The proposal failed due to 473 million abstentions counted as 'no' votes. Tesla's General Counsel indicated that the board would consider next steps, suggesting the idea may not be entirely off the table. Tesla and xAI maintain a close relationship, with shared technology and resource partnerships, and Musk's ongoing interest in integrating AI capabilities between the companies.

DriveTeslaCanada·
US
TSLA
-3.68%
US
TSDD
+7.52%
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TSLL
-7.55%
DriveTeslaCanada·
US
TSLA
-3.68%
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TSDD
+7.52%
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TSLL
-7.55%

Tesla unveils longest-range Model Y in China

Tesla has launched the Model Y Long Range Rear-Wheel Drive Edition in China, priced at RMB 288,500. This SUV boasts a range of 821 kilometers on a single charge and features a 225 kW single-motor setup. Deliveries are expected within 2–4 weeks. The new model is aimed at boosting sales amid a challenging year, as Model Y sales fell by 13.27% from January to September, while Model 3 sales increased by 14.12%. Tesla is also offering financing options and customization credits to attract buyers.

DriveTeslaCanada·
US
TSLA
-3.68%
US
TSDD
+7.52%
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TSLL
-7.55%
DriveTeslaCanada·
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TSLA
-3.68%
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TSDD
+7.52%
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TSLL
-7.55%

Tesla adjusts Online Design Studio for easier trade-in process

Tesla has updated its Online Design Studio to streamline the trade-in process, allowing users to see trade-in estimates directly while configuring their vehicle. This change aims to provide a more accurate reflection of payment terms and will be available across the U.S. and Canada next week. Although Tesla's trade-in offers are generally fair, there have been complaints about undervaluation of vehicles. The new process will simplify the trade-in experience for customers, especially loyalty customers who may receive additional credits.

Teslarati·
US
TSLA
-3.68%
Teslarati·
US
TSLA
-3.68%

The Tesla Semi Gets A Cyber Makeover. But Is It Really On Track?

Tesla has updated the design of its Semi truck to align with its new vehicle aesthetics, featuring a full-width light bar and improved aerodynamics. The company plans to begin volume production next year, despite previous delays. The revised Semi boasts enhanced efficiency, a towing capacity increase, and is designed for autonomy, with unchanged peak charging power and a range of 500 miles per charge. Production has been delayed due to the readiness of the new Nevada factory, now expected to be operational early next year.

InsideEVs·
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TSLA
-3.68%
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TSDD
+7.52%
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TSLL
-7.55%
InsideEVs·
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TSLA
-3.68%
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TSDD
+7.52%
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TSLL
-7.55%
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$Tesla(TSLA.US)At the latest shareholder meeting, Elon Musk’s trillion-dollar pay package was approved, and Tesla showed clear competitive strengths. They‘re reshaping the car industry, pushing AI and...

$Tesla(TSLA.US) to launch FSD after Chinese New Year

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$Tesla(TSLA.US)On November 6th local time, Tesla will hold its 2025 Annual Shareholders Meeting, with Elon Musk’s trillion-dollar compensation package set to be the key topic of discussion. Previously...

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