welcome
Investor's Business Daily

Investor's Business Daily

Technology

Technology

Tesla begins deliveries of Model Y SUV to Chinese customers as electric SUV wars intensify

Investor's Business Daily
Summary
Nutrition label

70% Informative

Li Auto stock rocketed above a buy point on Wednesday and XPeng and Nio also soared, while Tesla stock hit a fresh multimonth low.

Tesla began deliveries of the updated Model Y SUV to Chinese customers, as the electric SUV wars intensify in the world's largest auto market.

Tesla and BYD ignited a fierce price war in China , which has escalated over the past two to three years .