tesla

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Inc. (NASDAQ: TSLA) plans to build a new factory in China with the capacity to manufacture 500,000 electric vehicles per year. However, the factory and assembly line will take up to two years to build, according to a Tesla spokesperson.McKinse..

Tesla to Build a Plant in China

Tesla to Build a Plant in China

Tesla Inc. (NASDAQ: TSLA) shares rose on Tuesday after Bloomberg reported that the electric car maker reached a preliminary agreement with the Shanghai government to build an assembly plant.According to Bloomberg, the plant is expected to have the c..

Tesla Finally Reaches Production Target

Tesla Finally Reaches Production Target

Tesla Inc (NASDAQ: TSLA) announced Monday that it has finally reached its desired production milestone, in the last seven days of Q2, Tesla produced 5,031 Model 3 and 1,913 Model S and X vehicles. Tesla also raised its production target for the Mode..

Daimlers Fight For Dominance in the Electric Car Buisness

Daimlers Fight For Dominance in the Electric Car Buisness

Feeling the heat from Elon Musks all-electric battery powered Tesla Inc (NASDAQ: TSLA) Semi’s revealed in November, German company Daimler (DAI), one of the worlds biggest truck-maker companies and best known for its Mercedes brand, has d..

Tesla Automobiles Gets Price Trimmed in China

Tesla Automobiles Gets Price Trimmed in China

Tesla Inc (NASDAQ: TSLA) Model X and Model S cars are going to be cheaper in China.The company announced on their official Weibo account on Tuesday that it will be cutting prices on these automobile models by about 6% or upwards of $15,000 after the..

Tesla Hires Snapchat VP to Lead Autopilot Initiative

Tesla Hires Snapchat VP to Lead Autopilot Initiative

Tesla Inc (NASDAQ: TSLA) has hired Snap Inc. (NYSE: SNAP) vice president of monetization engineering as the new vice president of engineering. Bowers will be taking on the Autopilot initiative for the company and other projects. The head of Tesla..

China to Cut Auto Import Tariffs

China to Cut Auto Import Tariffs

China announced to make massive cut to auto import tariffs, a move to further open up the world’s largest auto market to international auto makers.China’s Finance Ministry said it will cut import tariffs on some of the vehicles to 15 per..