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 Model Y sales in China fall 24% year-on-year in Apr as more go to exports

    In the January-April period, Model Y retail sales in China stood at 101,873 units, down 19.61 percent year-on-year.

  • Tesla's retail sales in China down 8.56% year-on-year to 28,731 in Apr

    In the January-April period, Tesla's retail sales in the Chinese domestic market decreased by 0.31 percent year-on-year to 163,338 vehicles.

  • Tesla says Shanghai plant completed capacity ramp-up of updated Model Y in just 6 weeks

    Tesla's Shanghai Gigafactory completed the capacity ramp-up for the updated Model Y in six weeks, setting a new record for it.

  • Tesla China sells 58,459 cars in Apr, down 6% year-on-year

    That's down 5.96 percent from 62,167 vehicles sold in the same month last year and down 25.84 percent from 78,828 units in March.

  • Tesla rumored to start production of 3-row Model Y in China next month

    A three-row version of the Model Y with an extended wheelbase will likely begin production after the upcoming Labor Day holiday in China.

  • Tesla reports weaker-than-expected Q1 earnings as deliveries slump

    Tesla reported net income of $409 million in the first quarter, down 70.58 percent year-on-year.

  • Tesla starts offering 5-year, 0-interest financing incentive for updated Model Y in China

    Tesla has ramped up promotions for the updated Model Y in China, as competition in the EV industry gets fiercer.

  • Tesla stops taking orders for Model S, Model X in China amid trade war

    Tesla has stopped taking orders for Model S and Model X in China, likely due in part to a worsening trade war that has hit both imported models.

  • Automakers' share of China NEV market in Mar: BYD No. 1 with 29.3%, Tesla No. 3 with 7.5%

    Tesla moved up to No. 3 in China's NEV market in March, up from No. 7 in February, as its local deliveries improved.

  • Tesla sells 74,127 cars in China in Mar, exports 4,701 from Shanghai plant

    Tesla sold 74,127 vehicles in the Chinese domestic market in March, up 18.80 percent year-on-year and up 176.83 percent from February.