The car will cost at least 20% less to produce than the refreshed Model Y launched last year, sources said. Production will begin next year.
Musk's admission that he could oversee US government cost-cutting for another year, despite 'great difficulty' also heading Tesla, spurred a 15% fall in its share price on Monday
Top Japanese carmaker wants to regain market share in the world's largest auto market. With features similar to local rivals and priced at $15,000, it could do that
Japan's second-largest carmaker planned to make the next-generation Civic in Mexico, but sources now say it will be made in Indiana to avoid US tariffs
Sales of $7 billion worth of Chinese steel, processed by third countries and sold to the US, are at risk because of a wave of tariffs imposed by the US and many other countries
Markets in Hong Kong, Shanghai and many other Asian capitals fell on Monday after Trump moved to curb Chinese investment in the US
Nissan did not want to be a Honda subsidiary, according to sources reported by Nikkei; its board is now reportedly reconsidering it's options
Support for an Alaska pipeline is one of a few energy deals Tokyo is considering for when PM Shigera Ishiba meets with Donald Trump, to ease trade friction concerns
Carmakers of both EVs and Japanese firms like Toyota have had to offer big discounts as they are locked in a bruising price war, while the economy is sluggish
The global energy transition needs to average $5.6 trillion a year from 2025 to 2030 to meet net zero emissions by 2050; current investment levels are only 37% of what's required despite topping $2 trillion
Before we head into Donald Trump’s first full day in office on Tuesday, here’s a look at what his first day back as president meant for technology, climate and markets
Many Chinese car makers are scouting locations for plants in Europe, the world's second-largest EV market, to circumvent tariffs imposed by the European Commission last year