Tesla stock tumble as first-quarter deliveries were worse than expected."They were a disaster on every metric," said Wedbush Securities analyst Dan Ives.The stock is also under pressure as competition rises from Chinese EV makers.

BYD, Elon Musk's Chinese arch rival, posted a 60% sales surge in the first three months of the year, in stark contrast to Tesla's decline.

Tesla is changing the name of its driver-assist technology in China after a rocky rollout and increased scrutiny from regulators.

Tesla’s Full Self-Driving feature, which has never been true to its name, has gotten a new label in China following a rough rollout.

According to a Reuters report, Tesla is developing a smaller and more affordable version of the Model Y to combat growing competition in the electric vehicle (EV) market, particularly from Chinese automakers like BYD.

Tesla had to roll back its ‘Full Self-Driving’ free trial in China after a policy change brought more scrutiny to software updates for advanced driver assist systems. Last month, Tesla launched a first version of its “Full Self-Driving” FSD package in China for owners with the latest “Hardware 4.0”, or “HW4”, vehicles.

The Chinese automaker has overtaken its US rival to become the world’s largest electric vehicle manufacturer, writes Anthony Cuthbertson. A new charging technology could now prove catastrophic for Elo

Tesla has halted trial of its full self-driving (FSD) in China to comply with new regulatory requirements, reported Reuters. The company, which is now awaiting regulatory approval for the trial ...