The product tease comes after another positive development for the electric vehicle maker. On Oct. 2, Tesla reported that EV deliveries in the three months through September had jumped by 7% over the same period last year and beat Wall Street expectations. The stock initially gained about 2% on the news before falling to trade down roughly 0.5%.

Peloton is unveiling a sweeping revamp of its portfolio with a focus on artificial intelligence as the once-hot fitness company looks to kickstart growth.

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EV-maker Tesla has registered plans for a longer-range variant of its Model Y in China, according to filing information that appeared on China's industry ministry website on Thursday.