As Tesla falls behind the local competitors it helped create, the billionaire’s rupture with Trump is limiting his value to Beijing.

Despite upbeat sales of the refreshed version of its Model Y SUV, Tesla is still stuck in the mud in its second-largest market.

Officials rolled out incentives and bent regulations to make Tesla's expansion in China a model of successful foreign investment. But in a space where electric vehicle technology occurs at light speed,

Ross Gerber, a longtime Tesla investor and vocal Musk critic, didn’t hold back online, writing in his own post that, “no one wants the Elon first party,” accusing the company’s board of being “Elon vampires sucking the blood of Tesla equity.”

Tesla faces new challenges in China as Xiaomi's new YU7 electric SUV intensifies competition for Elon Musk's automaker.

Tesla's sales of its China-made electric vehicles edged up slightly in June, snapping an eight-month losing streak in a key market.

Elon Musk's company is facing new challenge from China's latest tech progress | TOI Tech Desk | TIMESOFINDIA.COM | Jun 16, 2025, 23:14 IST