Tesla china Stories May 23

As we reported yesterday, Tesla is preparing a massive push in China as import duties fall and local manufacturing is coming.

Now Tesla is already lowering its price by 40,000 yuan to 90,000 yuan (~$6,000 to ~$14,000 USD) depending on the model. expand full story

Tesla china Stories February 23

Unlike most foreign automakers in China, Tesla has yet to establish local production and still solely relies on exporting its vehicles from California to the largest auto market in the world.

Nonetheless, Tesla managed to double its sales in China last year as it is significantly expanding its presence in the country. expand full story

Tesla china Stories November 28, 2017

Earlier this month, Tesla CEO Elon Musk elaborated on the automaker’s plans to establish manufacturing capacity in China with a new factory in the country within the next 3 years.

Ahead of those plans, Tesla is now establishing a new company in the country for research and development, according to a new government filing. expand full story

Tesla china Stories October 22, 2017

There have been several false alarms over the past few years about Tesla building a factory in China. Earlier this year, Tesla finally confirmed working with the Shanghai government to establish a manufacturing facility in the region and promised an announcement by the end of the year.

Now the Wall Street Journal reports that they have come to an agreement with the local authorities on a “wholly owned” factory in the region. expand full story

Tesla china Stories June 19, 2017

While Tesla is undoubtedly looking for new locations to build upcoming new Gigafactories and that one in China is likely, Tesla has been shutting down recent rumors about deals to establish manufacturing capacity in the country.

Now yet another rumor about a factory, this time in Shanghai, emerged today. expand full story

Tesla china Stories May 16, 2017

Tesla China tripled its sales in 2016 to over $1 billion with over 11,000 deliveries and they continued their streak during the first quarter 2017 with a record quarter.

In order to support its growth, the company is expanding in the country with new Supercharger stations and new stores. expand full story

Tesla china Stories May 3, 2017

Tesla is about to release its financial results for the first quarter 2017 and it is expected to announce record revenue thanks to record deliveries of the Model S and Model X.

We now learn through registration and import data that Tesla saw important increases in deliveries in the Chinese and Hong Kong markets, which seem to have made the difference for Tesla during the quarter. expand full story

Tesla china Stories April 27, 2017

Tesla CEO Elon Musk has been on an international trip over the past week. First in Australia earlier this week and in Beijing yesterday.

While in China, Musk met with Chinese Vice Premier Wang Yang. The nature of the discussion wasn’t disclosed, but it comes as Tesla is looking for 2 or 3 more locations to build Gigafactories for both batteries and cars. expand full story

Tesla china Stories March 3, 2017

Tesla had a rough start when it started selling its cars in China in 2014. Several delays and bad perception on charging options led to poor sales that persisted through 2015.

But in its latest SEC filing, Tesla confirmed that things changed in 2016, which was a breakout year for the automaker in China. They more than tripled sales to over $1 billion in revenue last year. expand full story

Tesla china Stories January 20, 2017

While Tesla only started delivering the Model X in China in June of last year, the all-electric SUV is reportedly already popular in the country. It was even going for a 40% premium ($240k US) on the Chinese gray market and it helped Tesla increase its deliveries in the country to reportedly around 10,000 units in total (S and X).

Some of the first owners gathered in order to set a new Guinness World Record. expand full story

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