Tesla's China shipments in June increase

Tesla saw its first increase in vehicle deliveries from its Shanghai factory this year, with the US automaker potentially buoyed by the clearance of regulatory hurdles for its advanced driver-assistance features.

The car manufacturer delivered 71,599 units from the plant in June, according to data released by China's Passenger Car Association on Wednesday, which didn't break the figures down into exports and domestic sales. That's a 0.8% increase from a year earlier and up 16% from May.

While modest, the year-on-year increase may signal a turning point for the electric vehicle pioneer in China, where it's navigating a relentless price war. The government last month unveiled new guidelines that could pave the way for further deployment of Tesla's more advanced driver assistance programs, potentially offering a crucial competitive edge in a market that increasingly prioritises intelligent vehicle technology.