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Tesla's latest product is sold out

A new TeslaMic designed to be used with a karaoke system available in the automaker's vehicles was sold out shortly after its release in China.

GM prioritizes faster EV launches ahead of fatter profits

General Motors Co on Tuesday said it will spend more than the $35 billion previously planned through 2025 to speed up launches of new electric vehicles, and noted that investments in technology will take priority over richer profits next year.