As Elon Musk grew Tesla’s business in China, he publicly cozied up to its leaders on his favorite social media platform.

Tesla's long-awaited "Juniper" refresh of the Model Y has just launched in China.

"I'd be hard pressed to declare Tesla a winner in China," said Bill Russo, Shanghai-based founder and CEO of Automobility, "they are struggling to keep pace and have a limited and aging product ...

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.

Tesla has been at the top of the electric vehicle segment for a while now, but its influence could be waning as a result of politics and competition.

After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with: Elon Musk.

Tesla, Inc. TSLA reportedly received 50,000 orders for its redesigned Model Y within 24 hours in China. Per BofA Securities, the updated SUV is priced 5% higher than the previous version.

Tesla plans to suspend part of the lines manufacturing its recently refreshed Model Y sport utility vehicles in Shanghai for around three weeks over Chinese New Year, Bloomberg News reported on Wednesday,

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.

Tesla's valuation climbed today alongside reports that CEO Elon Musk could be involved in a deal to purchase TikTok from ByteDance -- its Chinese parent company. The electric vehicle (EV) leader's stock also appears to be getting a boost related to the inauguration of President-elect Trump this coming Monday.

A new report says more people reserved a Tesla Model Y refresh in the first day than the company sells in China in a month.