Baidu, China's answer to Google, has released two new AI models. On Saturday, Baidu released Ernie X1, a reasoning model it said "delivers performance on par with DeepSeek R1 at only half the price." ...

Tesla has plans to produce a low-cost version of its best-selling Model Y to boost sluggish sales in China, according to a report. The car will cost at least 20% less to produce than the version ...

Tesla is planning to introduce a new version of the popular Model Y crossover that's both smaller and more affordable than the current version, as reported by Reuters. The outlet spoke with three ...

SHANGHAI, March 14 (Reuters) - Tesla (TSLA.O), opens new tab will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge of the matter said, aiming to ...