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 inks three-year deal with world's largest lithium supplier

    Founded in 2000, Ganfeng Lithium has production capacity for more than 40 lithium compounds and lithium metal products.

  • Tesla allows Chinese consumers to buy cars with zero down payment

    The move is expected to further boost Tesla's already high sales in China.

  • Tesla reportedly booked batteries from CATL enough to produce nearly 800k vehicles

    In terms of battery capacity, Tesla's 2022 sales will be at least 1.5 million units, local media reported.

  • Tesla hikes Model S and Model X Long Range prices in China by about $4,700

    The last price change for both models was on August 4, when Tesla also raised them both by RMB 30,000.

  • Tesla enters 'trillion-dollar club' for first time

    Tesla became the first US automaker to exceed $1 trillion in market cap, surpassing the combined of Toyota, Volkswagen, Daimler, General Motors, BMW, Ford and Honda.

  • Tesla completes data center in China to store local data, builds Shanghai R&D center

    This means a further step in Tesla's localization process in China and a new exploration of Tesla's overseas R&D.

  • Daiwa Securities says it's reasonable if Tesla adds BYD as new LFP battery supplier

    Daiwa Securities believes that 10 GWh of installed battery capacity could translate into close to 200,000 vehicles, which could be supplied not only to the Shanghai plant, but also to factories in Berlin or the US.

  • Tesla opens new large delivery center in Shanghai

    It has 72 indoor delivery spaces and an owner seminar area that can accommodate up to 100 people at a time for delivery training.

  • Tesla bans fast-charging for vehicles scrapped by flooding in China, preventing them from re-entering market

    More than 400,000 vehicles from various brands were scrapped as a result of the torrential rains that hit Zhengzhou, Henan Province, at the end of July this year.