Tesla (TSLA) plans to temporarily suspend some of its production lines for its Model Y electric vehicle in China for three weeks, as reported by Bloomberg. The stoppage will allow for upgrades to be made to the Giga Shanghai facility.
More importantly, China's NEV industry has grown in a vibrant marketplace teeming with competition across state-owned, private and foreign enterprises. With a "catfish effect," Tesla, as a key competitive player, has helped push the innovation and growth of China's NEV sector.
EV giant Tesla on Monday reminisced about delivering the first Model 3s made at the company's gigafactory in Shanghai.
The appointment, announced shortly after Trump’s election victory in November, comes after years of Musk building successful business operations in China, including a significant April 2024 visit to Beijing, where he met with Chinese Premier Li Qiang to discuss Tesla’s autonomous driving technology and data transfer permissions.
The Florida senator’s criticism of Chinese “genocide” led the country to forbid his entry, and his attack on Elon Musk’s company could rile Trump’s key adviser.
Some might say its latest move is putting the cart before the horse, but it's clear Tesla is eager to expand its reach into the Philippines. Teslarati had the scoop on the EV maker's latest play in the Southeast Asian country of unveiling the nation's first Superchargers.
The Megafactory itself is part of Tesla's broader strategy to expand its clean energy solutions, living by example with such design features as solar panel rooftops. "Every Megapack delivered helps the cause," commented one Electrek reader.
Tesla plans to suspend part of the lines manufacturing its recently refreshed Model Y sport utility vehicles in Shanghai for around three weeks over Chinese New Year, Bloomberg News reported on Wednesday,
Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.
VCG. Amid global economic uncertainties, Tesla has achieved a new sales record in China. At the start of the new year, Tesla rele
Tesla launched a new version of the Model Y, its best-selling car, in China on Friday, hoping that a redesigned exterior and upgraded features inside will help it regain market share taken by rivals such as Xiaomi .