Tesla

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Tesla is the first foreign carmaker to have a wholly owned factory in China. The US EV maker produces the Model 3 and Model Y in Shanghai.
Founded: Jul 2003
CEO: Elon Musk
Ticker: NASDAQ: TSLA
HQ: Texas
2024 revenue: $97.69 billion
Website: tesla.com
  • Tesla recalls tens of thousands of imported Model S, Model X cars in China over suspension problems

    Tesla is recalling some imported Model S and Model X electric vehicles with immediate effect, according to China's State Administration for Market Regulation (SAMR) website. 

  • Teslas 100% made in China? That possibility grows more realistic

    The price of the China-made Tesla Model 3 keeps getting lower as it adopts more local parts, especially the battery. Now there are reports that Tesla may even use China-made motors and the possibility of Teslas 100% made in China grows more realistic.

  • Tesla Shanghai plant phase II project passes phase review, Model Y production expected early next year

    Tesla's Shanghai Gigafactory Phase II project has passed a phase review and is expected to go into full production of the Model Y early next year, cls.cn said, citing sources with knowledge of the project.

  • Tesla says it has increased Model 3 capacity at its Shanghai plant to 250,000 units per year

    Tesla says it has increased the capacity of the Model 3 at the Gigafactory in Shanghai to 250,000 units per year, meeting its goal.

  • Tesla exec says 'price of China-made Model 3 will drop to RMB 199,000' fake news

    In response to the rumors spread among Chinese Internet users that Tesla's China-made Model 3 will drop in price to RMB 199,000, Tesla China general manager Allan Wang responded in a Tesla owners' chat group on October 20 saying, "It's a complete rumor," according to Tencent Tech. 

  • Tesla reduces warranty period on used cars

    Tesla has scaled back its used car warranty to give customers only one additional year or 10,000 miles (16,000 km) of warranty coverage.

  • Tesla starts exporting China-made Model 3, first shipment to Europe expected next Tuesday

    Tesla's Shanghai Gigafactory has started exporting the Model 3 vehicles to European countries including Germany, France, Italy, Spain, Portugal and Switzerland, according to the SH Observer.

  • Tesla removes 7-day no reason return clause in China

    Tesla China announced on Friday that it was discontinuing and canceling its confidence guarantee scheme, meaning that consumers will no longer be able to return their vehicles without a reason within seven days of taking delivery.

  • China-made entry-level Model Y expected to drop to RMB 275,000, analysts say

    From Tesla's pricing strategy overseas, the price difference between Model Y and Model 3 is only 6-9%, so after the China-made Model Y goes into production, the Model Y's entry price is expected to drop to 275,000 yuan ($40,860), Tianfeng Securities said in a recent research paper.

  • Tesla slashes prices again in China, dropping RMB 23,000 on two Model S models

    The Tesla Model S Long Range and Performance editions have both been cut by RMB 23,000 yuan ($3,400), bringing the starting price down to RMB 733,900 and RMB 833,900, respectively, according to information on Tesla's China website.