WRAPUP 1: As price reductions shake the EV industry, Tesla offers a new China rebate.

Sales were bolstered earlier this year by a round of price reductions driven by Tesla.

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the board to suppliers and automakers to reduce costs. executives and analysts state.

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a worker who had received the company's notice and the announcement.

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One day after joining 15 other corporations, Tesla announced the cash rebate offer on new vehicles.

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a stop to the price battle that has jeopardised the viability of the entire sector.

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the competition Tesla and its rivals must deal with in the biggest EV market in the world: China.

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the activities carried out at the complex of factories, which has around 20,000 employees.

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Sales were bolstered earlier this year by a round of price reductions driven by Tesla.

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