Search Results for: giga shanghai

Tesla Preparing to Sell Up to $5 Billion in Shares

Electric vehicle (EV) manufacturer Tesla (TSLA) saw an incredible opening to Q3 last month with several stock records broken. They’re already starting September with an interesting new development, too. According to Yahoo Finance, Tesla (TSLA) is preparing to sell up to $5 billion USD of its shares, after a massive August for the EV company […]
Tesla Model 3 Cars Awaiting Delivery In Shanghai

Tesla Model 3 Sales in China Rise By 35% Between May and June

The China Passenger Car Association (CPCA), has reported that 14,954 Tesla Model 3 vehicles were sold in June. That is a 35% increase from May–when Tesla sold 11,095 units, and a 311% increase from April, when 3,635 units were sold. This shows then, Model 3 sales are up on the rise in China; a tough […]

Tesla to Use Lithium Iron Phosphate Batteries in China

Following approval from the Ministry of Industry and Technology in China, Tesla will use lithium iron phosphate batteries in the future. The material, also known as LFP, “contain no cobalt – one of the most expensive metals in electric vehicle (EV) batteries”, as according to sources at Reuters. As it stands, Tesla had been in […]

Tesla Plans to Install Several New Superchargers in China

Perhaps even more impressive than Tesla’s innovative electric vehicles is the fact that the company also created a charging infrastructure network for drivers. In North America, Tesla Supercharger expansion has experienced steady growth since its inception. As more vehicles sell and more drivers take to the roads, the demand for convenient access to charging stations […]

Tesla Speeds Up Model Y Plant Construction in China

Over the course of the past year, Tesla Inc. made some significant moves in the Chinese market. Even though some legal problems arose as a result of their latest forays in Shanghai and elsewhere, the company maintains steady growth in the market. Following the construction of their Shanghai Gigafactory, Tesla announced plans to build a […]

Tesla Up Against Multiple Lawsuits in China

Electric vehicle maker Tesla Inc. has had some success expanding into the Chinese market. However, the company has also had its fair share of trouble in the Asian market. Earlier in the year, customers expressed dissatisfaction over some errors in chips sent out with the China-made Model 3. While that case lingers, Tesla faces numerous […]

Tesla Must Meet Certain Conditions to Reopen, Says Alameda County

The dispute between Alameda County and electric vehicle manufacturer Tesla Inc. may be coming to a head soon. Earlier in the month, Tesla CEO Elon Musk resisted county orders insisting Tesla’s production facility in Fremont remain closed. Earlier in the week, Tesla decided to reopen the factory despite local regulations, a move that created even […]

President Trump Backs Tesla’s Decision to Reopen in California

Tesla Inc.’s controversial decision to reopen its Fremont, California production facility defies Alameda County’s orders. The electric vehicle maker has had its main facility in Fremont closed since March. Leadership is eager to return to work. It doesn’t help that the company experienced similar production hurdles in Shanghai earlier in the year due to coronavirus […]