Tesla

+ Follow
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 China's wholesale sales in June reached 33,155 units, up about 122% from a year earlier

    Tesla China retail sales in June were 28,138 units and exports were 5,017 units, the CPCA said.

  • Tesla starts offering lower-priced standard range Model Y in China

    Tesla's China website today launched the lower-priced Model Y Standard Range version, which is available for pre-order immediately, with deliveries expected to begin in August.

  • Tesla Shanghai Gigafactory phase 1 completed, new lower-priced model may be coming to mass production

    The first phase of Tesla's Shanghai Gigafactory project has been fully built, Beijing News said Wednesday, adding that it could mean the company's new lower-priced models will begin mass production.

  • Tesla begins using locally produced motors in models built in China

    Tesla wants to use as many local parts in China as possible to reduce costs. Now, motors, one of the most critical components of electric vehicles, are also being supplied locally.

  • Chinese owners complain about lost network connection of Tesla App

    The ability to use a vehicle via a mobile app is an important feature of smart cars, but it can also cause a lot of inconvenience if the app's network connection is lost.

  • Tesla delivered record 201,250 vehicles globally in Q2

    That was below analyst estimates of 204,160 in a Bloomberg survey and the FactSet consensus of 207,000, but above the 200,258 in a Reuters poll.

  • Deutsche Bank cuts global delivery expectations for Tesla ahead of data release

    Emmanuel Rosner said he lowered the estimate for Tesla's deliveries in the second quarter to 200,000 units from 207,000 in reaction to softer China volumes.

  • UBS cuts Tesla price target to $660, citing threats from Nio, Xpeng, BYD

    Wall Street is starting to worry about Tesla's valuation amid the rapid rise of Chinese electric car companies including Nio, Xpeng Motors, and BYD.

  • CATL extends deal to supply lithium-ion power cells to Tesla

    CATL signed an agreement with Tesla to supply lithium-ion power battery products to it from January 2022 to December 2025.

  • Tesla apologizes for massive recall in China, explains OTA update details

    Tesla said the issue does not exist in Model S/X, which have different cruise control lever positions and have a very small probability of false activation.