Amid growing protests against CEO Elon Musk and its worst sales in three years, Tesla releases a new, cheaper version of the Model Y.

EV giant Tesla Inc. (TSLA) launched a cheaper version of its best-selling Model Y SUV in the U.S. on Wednesday. The company website lists the starting price of the new long-range rear-wheel drive variant of the vehicle as $44,

U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's top economic official He Lifeng in Switzerland this weekend for talks, U.S. and Chinese officials said, in what could be a first step toward resolving a trade war disrupting the global economy.