EV maker will open 3,500 new and existing superchargers on highways, and 4,000 slower chargers at places like hotels and restaurants, to non-Tesla customers by the end of 2024 in federal deal
The US carmaker's aggressive price cuts earlier this year helped it to stoke demand amid rising inventories
The US auto firm plans to ramp up output at its Shanghai plant over the next two months to meet demand sparked by price cuts early last month
Chief executive Elon Musk said the EV-maker's 2023 deliveries could hit 2 million vehicles, so long as there were no external disruptions
Asked about rival companies in China, Musk said he respected Chinese carmakers and called it the most competitive market in the world
For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume
The Vietnamese EV-maker hopes to compete with existing automakers in the US by offering two models, the VF8 and VF9, with starting prices of $59,000 and $83,000
Tesla’s Autopilot team set out to engineer and record a “demonstration of the system’s capabilities” at the request of Musk, a senior engineer said
Jakarta has long courted the US auto company over setting up a production hub to build electric vehicle batteries and cars
Several Tesla owners in Shanghai also said they felt misled by Tesla sales staff who told them they would face higher prices in the new year
Tesla saw demand for its electric vehicles skyrocket in China after it announced major price cuts on January 6, according to local media and company PR
Tesla has chosen to lower prices and take some additional downtime at the Shanghai factory to bring supply and demand back in balance