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

Rival Chinese electric vehicle maker BYD and the budget-EV joint venture of General Motors in China both outsold the US carmaker

The move has fuelled talk among colleagues he is being groomed for a bigger role in Tesla, at a time when chief executive Elon Musk has been distracted by Twitter

It has not been an established practice for the plant to shut down for a year-end holiday, which will cut planned production by a third

The US automaker plans to start selling its EVs in Southeast Asia's second-biggest economy via online channels

The US electric vehicle maker surpassed Toyota's profit despite the Japanese maker selling seven times more cars

Tesla recently outlined plans to shift its Chinese stores to lower-cost suburban areas which also offer repairs

Elon Musk, its chief executive, has demanded the company ramp up battery production, especially of its so-called 4680, denoting the diameter (46mm) and height (80mm)