The Shanghai factory will be Tesla's first production line outside the United States.
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Tesla to break ground on Shanghai Gigafactory today, CEO Musk says - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The $2 billion factory marks a major bet by Tesla as the US electric vehicle maker looks to bolster its presence in the world’s biggest auto market.
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Elon Musk teases flying TeslaRocket-powered Roadster will use SpaceX technology to cruise the skies
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Tesla to break ground on Shanghai plant as trade war lingersTesla boss Elon Musk said the electric car-maker would break ground Monday on a Shanghai factory that will allow it to sell to Chinese consumers and avoid tariffs from the China-US trade war.
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Tesla to break ground on Shanghai plant as trade war lingersTesla boss Elon Musk said the electric car-maker would break ground Monday on a Shanghai factory that will allow it to sell directly to Chinese consumers and avoid tariffs from the China-US trade war.
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Expect Tesla to almost double its vehicle lineup in 2019Among the new models expected to be launched by Tesla this year are the Model Y, the Tesla Pickup, and the Tesla Semi. Right now, Tesla has several vehicle projects in the works. If we're lucky, we'll see three new models go into production and hit the consumer market this year. Model Y The Tesla Model Y (above), which is based on the Model 3 platform but in crossover form, is expected to be released in March 2019 with production beginning in 2020.
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Tesla announces 7 percent cut to workforceElon Musk said in a blog post that Tesla is making the staff cut as it aims to reach more customers who can afford its vehicles.
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Tesla says it has battery quotes from China's Lishen but no deal agreedTesla says it has received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory, but has not signed any agreement with the Chinese company. 'Tesla previously received quotes from Lishen, but did not proceed further,' a Tesla spokesman said on Tuesday. 'We have not signed any agreement of any kind with them.
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Tesla is being sued for passenger death due to defective batteryChicago law firm Corboy & Demetrio said on Tuesday it filed a lawsuit against electric carmaker Tesla Inc alleging that its 2014 Model S sedan had a defective battery pack that caused the death of an 18-year old passenger in an accident last year. Last May, a Tesla driven by Barrett Riley with passenger Edgar Monserratt Martinez crashed into a concrete wall and erupted in flames in Fort Lauderdale, Florida killing both the teenagers, according to the lawsuit.
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Tesla shares dive after Model 3 delivery falls short of estimatesThe company is to cut $2,000 off the Model 3 price in the US
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