Tesla will launch a stripped-down Model Y as its first "affordable" electric vehicle, according to a Chinese media report Thursday, while Reuters had a slightly different take Friday. Tesla stock rose slightly Friday after falling Thursday amid general market weakness.

Tesla is preparing to launch a couple of new more affordable electric vehicles and the first one is expected to basically be a stripped-down Model Y, according to a new report from China. We have been reporting on this new vehicle program from Tesla for a while now.

Critics said the spectacle stretched the bounds of what is ethical in the White House, with Trump openly seeking to boost the financial fortunes of Elon Musk.

Instead of the presidential motorcade of large, black SUVs lined up on the driveway of the South Lawn, there were five Teslas for Trump to peruse. Trump announced his intention to buy a Tesla on Monday night to support his close adviser billionaire Elon Musk,

Seth addresses Trump calling Tesla Elon Musk's "baby," White House press secretary Karoline Leavitt saying we are in a "period of economic transition" and more in his monologue for Wednesday, March 12.