In front of the White House as he looked over the Tesla vehicles, President Trump said he would not be allowed to drive his new car.

Ethics experts are sounding the alarm that the president's event with Elon Musk could eliminate the lines of proper objectivity from elected officials.

Tesla will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge of the matter said, aiming to regain ground lost during a price war in its second-largest market.

But now, it seems that the view of Tesla as a luxury foreign EV maker is waning and demand for Tesla’s cars in general is cooling. Despite a revamped Model Y going on sale in China recently, its overall sales in the country dipped by 51.47% in January, according to Teslarati.

The stripped-down SUV is aimed at recovering market share from Chinese makers offering less-expensive models.