Tesla's long-awaited plans for an affordable car include a U.S-made, stripped-down version of its best-selling electric SUV, the Model Y, but the production launch has been delayed, three sources with knowledge of the matter told Reuters.

A Tesla owner in California is seeking a class-action lawsuit on behalf of all other Tesla owners in the state after he says the company has been systematically altering odometers so their warranties expire faster.

Tesla is facing a proposed class action suit over allegations that it has been speeding up odometers so its vehicles will fall out of warranty faster, according to a report by Reuters. This would make it easier for the company to get out of paying for repairs.