The upcoming Tesla "affordable" EV will be a lower-priced, stripped-down Model Y, not a new form factor, according to China media. Tesla stock fell.

Tesla China is working on a cheap Model Y variant that might launch later this year to boost demand if the refreshed Model Y sales disappoint

Tesla is preparing to launch a couple of new more affordable electric vehicles and the first one is expected to basically be a stripped-down Model Y, according to a new report from China. We have been reporting on this new vehicle program from Tesla for a while now.

Lindy Lowe had one of the rarest perks in the electric-vehicle world: free charging for life.

Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk's electric-vehicle maker remains overpriced.

Since Tesla CEO Elon Musk joined the Trump administration, the effects on his car company have been dramatic, with the stock price significantly down. Tesla vehicles and dealerships have also been the target of vandals.