Washington's addition of CATL to a list of firms it says work with China's military could put Tesla founder Elon Musk in a tight spot, challenging how he balances his role in the Trump administration with his ties to China.

Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.

Tesla supplier Panasonic Energy plans to eliminate its supply-chain dependence on China for electric vehicle batteries made in the United States, a senior executive told Reuters, calling the shift a "No.

The Tesla rollercoaster continues as after exciting product launches and a stock surge post-election, the EV maker is now seeing slumping sales.

The appointment, announced shortly after Trump’s election victory in November, comes after years of Musk building successful business operations in China, including a significant April 2024 visit to Beijing, where he met with Chinese Premier Li Qiang to discuss Tesla’s autonomous driving technology and data transfer permissions.

The Pentagon is banning a number of Chinese technology firms, including CATL, the world’s largest EV battery manufacturer, which provides batteries to Tesla.

More importantly, China's NEV industry has grown in a vibrant marketplace teeming with competition across state-owned, private and foreign enterprises. With a "catfish effect," Tesla, as a key competitive player, has helped push the innovation and growth of China's NEV sector.

The surface level answer is that the U.S. completed its presidential election, with Republican candidate Donald Trump winning the race and returning to Washington for a second stint in the Oval Office. However, the more nuanced answer lies in Tesla CEO Elon Musk's newfound relationship with president-elect Trump.

China's BYD, however, looks set to close the gap after reporting 1.76 million EV sales in 2024. The Shenzhen-based firm's total vehicle sales jumped more than 41% in 2024, year-on-year, to more than 4.2 million. The surge was powered mainly by sales of its hybrid cars.

VCG. Amid global economic uncertainties, Tesla has achieved a new sales record in China. At the start of the new year, Tesla rele

Tesla Inc. recorded its first-ever drop in annual shipments from its Shanghai plant since the facility started mass production in 2020, a clear sign of the intensifying local competition and lukewarm global demand.