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Tesla starts slashing prices amid costly battle with BYD

Tesla has cut prices on its bestselling models to compete with Chinese rivals that have been giving it a run for its money. On October 7, the company reduced the...

© Dhiraj Singh/Bloomberg/Getty Images

A worker cleans a Tesla Model Y electric vehicle at the newly opened Tesla Inc. store at Bandra Kurla Complex (BKC) in Mumbai, India, on Tuesday, July 15, 2025. Tesla opened its first India showroom, showcasing Model Y cars priced at nearly $70,000, as Elon Musk's electric-vehicle maker looks to tap new markets and offset slowing sales where it's already well established. Photographer: Dhiraj Singh/Bloomberg via Getty Images
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EV jobs are starting to slip away

The electric vehicle industry is cutting staff faster than smoke. More than 30,000 workers have lost their positions at electric-vehicle makers and related industries worldwide over the past year, according...

© Qilai Shen/Panos Pictures/Redux

Employees work on a Trumpchi brand vehicle production line at the Guangzhou Automobile Group Co. Ltd. (GAC) plant. Trumpchi, the Chinese auto brand established in 2010 and now preparing for U.S. sales, has become a topic of debate as owner GAC considers whether American consumers would love or hate the marque with a name similar to that of the controversial former U.S. president.

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VinFast speeds into India after U.S. U-turn

VinFast is building factories faster than it can sell cars. The Vietnamese electric-vehicle maker opened its first Indian factory on August 4, betting on expansion even as its existing plant...

© Vinfast

Mr. Pham Sanh Chau, CEO of VinFast Asia and Mr. Ashwin Ashok Patil, Deputy CEO of Sales & Marketing at VinFast India at the at the Bharat Mobility Global Expo 2025 where Vinfast announced its first electric vehicles for the Indian market.
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Tesla finally enters India after a decade of false starts

Tesla finally arrived in India — fashionably late to its own party. After almost a decade of broken promises and dashed hopes, Tesla opened its first showroom in Mumbai on...

© Dhiraj Singh/Bloomberg/Getty Images

Tesla opened its first India showroom at the Bandra Kurla Complex in Mumbai on Tuesday, July 15, 2025.
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