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the us and the uk have condemned iran after it executed a british—iranian citizen accused of spying. washington says it's horrified by the execution, while british prime minister rishi sunak said the hanging of alireza akbari was "callous and cowardly" and would not go unpunished. the uk has imposed sanctions on iran's prosecutor general because — according to the government — he's at the heart of iran's use of the death penalty. our diplomatic correspondent, caroline hawley, reports. news of the execution came on state—run television early this morning, despite repeated last...

China’s automotive sector braces for an escalating price war, and the intensified scramble for market share could hasten the closure of unprofitable laggards.

Tesla has reduced prices in several of its major markets, including China and Germany, following price reductions in the United States. This move comes as the company battles declining sales and an escalating price war for electric vehicles, particularly against Chinese EVs.

After removing discounts for inventory vehicles days ago, Tesla slashed $2.000 off the price of the Model Y, Model S, and Model X, and Elon Musk explains why

In the US, the cheapest version of the Model Y is now $42,990, returning the sport utility vehicle’s starting price to the lowest it’s been.