Elon Musk’s firm has seen its stock fall by about 31% so far this year with customers slow to transition away from fossil-fuelled motors

Lawmaker Sherrod Brown, who has also demanded steep tariffs on Chinese EVs, says they are a threat to American automakers

The German automaker is also planning to roll out two new models as part of its tie-up with Chinese firm Xpeng

The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $25,000

The drop in numbers comes despite steep discounts BYD has handed out on its vehicles, signalling that Tesla's global clout will not be easily challenged

Southeast Asia has emerged as one of the hottest EV markets and could boost Tesla at a time when demand is slowing in its two biggest markets: China and the US

The slowdown has fuelled intensifying competition in China's EV market, led by a fresh round of deep cuts by Tesla-beating carmaker BYD

The European Commission said increasing imports from China risked injuring the region's carmakers at a magnitude "that would be difficult to repair”

The world’s two biggest EV-makers have been locked in a drawn-out and brutal price war in China since the beginning of last year

China could soon be producing 10 million excess vehicles per year, adding fuel to growing tensions over its state-backed car industry

Reports of BYD’s plans to expand production in Mexico spurred speculation that the EV giant was looking for a way into the US car market

VW has said it is reviewing “the future direction of business" in Xinjiang, where a test track was constructed for the German carmaker, allegedly using forced labour