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 gets $329 million subsidies in China for vehicles sold in 2020, 327% more than Nio

    Tesla received Chinese state subsidies for 101,082 vehicles sold in the country in 2020, for a combined amount of RMB 2.123 billion ($329 million).

  • Tesla China completes construction of plant capable of producing 10,000 Superchargers per year

    Tesla's Supercharger production facility in China was officially completed on August 20, according to a report by the Beijing News on Tuesday.

  • Tesla said to aim for $25,000 electric car release in 2023

    Musk linked the launch of the new model to Tesla achieving a deployable full self-driving system, even asking employees, "Do we want to have this car come with a steering wheel and pedals?"

  • Tesla's Shanghai plant reportedly halted production for days in Aug due to chip shortage

    One particular shortage was related to the availability of electronic control units, which largely caused delays in the output of Tesla's Model Y.

  • Tesla's global FSD take rate only 11%, survey shows

    Nio said that Nio Pilot's take rate exceeded 80 percent. Xpeng said its assisted driving software Xpilot 3.0 had a 25 percent penetration rate.

  • Tesla reportedly seeks 4680 battery cooperation in China

    Tesla has begun looking for 4680 cylindrical battery partners in China, and in addition to its original battery suppliers CATL and LG Chem, companies in talks with Tesla include Eve Energy.

  • This is how much you can earn if you work on the production line at Tesla Shanghai plant

    Tesla offers a base salary starting at RMB 5,341 ($820) and an combined annual income of RMB 110,000 - 120,000 ($18,512).

  • Elon Musk says he'd opt for Model 3 with LFP batteries because they can be charged to 100%

    Tesla CEO Elon Musk tweeted on Friday that he would prefer lithium iron phosphate (LFP) batteries because they can be charged to 100 percent, while ternary batteries are only recommended to be charged to 90 percent.

  • Tesla Model 3 becomes first EV to sell over 1 million units

    Global deliveries of the Tesla Model 3 have reached 1,031,588 by the end of the second quarter, making it the first EV to sell more than 1 million units.

  • Tesla begins deliveries of Model Y Standard Range in China

    The first Model Y Standard Range models were delivered to customers in Beijing on August 26, a month and a half after the model opened for pre-orders on July 8.