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 best-selling premium SUV in China in Nov, CPCA data show

    The Model Y ranked first with 23,117 units, followed by the Li ONE with 13,485 units and the Mercedes-Benz GLC with 12,269 units. The Nio ES6 ranked eighth with 4,713 units.

  • Tesla China wholesale sales in Nov were 52,859 units, up 145% year-on-year

    Tesla China exported 21,127 units in November, meaning it sold 31,732 units in China itself.

  • Tesla scales back number of speakers in 'Premium Interior' for China-made Model 3/Y

    Tesla has reduced the number of speakers included in the "Premium Interior" by one, leaving the prices unchanged.

  • Tesla's Chinese supplier downplays Model Y recall's impact on it

    Ningbo Tuopu said the company's products involved in the recall were only used in the Model Y and not in other Tesla models or those of other customers.

  • Tesla recalls 21,599 locally made Model Y vehicles in China

    From January to October, 106,236 Model Y units were sold in China.

  • Tesla says reports that Shanghai plant could meet 500,000-unit production goal this year inaccurate

    Chinese media reported earlier today that Tesla's Grace Tao said that Giga Shanghai will be able to reach its annual production goal of 500,000 units this year.

  • Tesla to invest up to $188 million to expand Shanghai plant capacity

    The project is expected to begin in December and be completed in April next year, when the factory will increase its workforce by 4,000 to 19,000.

  • Tesla begins Model Y Performance deliveries in China

    Tesla has sold out of available capacity for the entry-level Model Y in China this year, and the start of deliveries of the Model Y Performance will help increase its sales and average price in the Chinese market.

  • Driver found at fault for last September's Tesla crash that killed 2

    The driver was driving the vehicle wearing shoes with a 5cm heel height. The vehicle was found to have no safety hazards.

  • Tesla raises prices of entry-level Model 3 and Model Y in China

    The price increases are based on next year's retreat of China's new energy vehicle subsidies, as owners who place orders now will need until 2022 to get deliveries.