Tesla has started taking orders for its cheaper rear-wheel drive Model Y in the US. The $45,990 vehicle costs $37,490 after federal tax subsidies (as long as they still exist ), making it the second-cheapest EV in the company’s lineup after the RWD Model 3.

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.

Tesla opened the order books for the Model Y LR RWD in the US, with a price tag of $44,990 and 357 miles of range, but customers might prefer the AWD model