Tag

Shanghai Plant

All articles tagged with #shanghai plant

business3 years ago•2 min saved

Elon Musk lands in Beijing for official visit after three-year hiatus.

Elon Musk's private jet has landed in Beijing, and he is expected to meet senior Chinese officials and visit Tesla's Shanghai plant. China is Tesla's second-largest market after the U.S., and the Shanghai plant is the electric car maker's largest production hub. The trip comes at a time when Tesla faces intensifying competition from China-made electric vehicles and some uncertainty about expansion plans for the Shanghai factory complex Musk last visited in early 2020.

via Reuters|

#business #china #competition

business3 years ago•2 min saved

Elon Musk to Meet with Chinese Officials During Visit This Week

Elon Musk is expected to visit China this week and meet senior Chinese officials, as well as visit Tesla's Shanghai plant. China is Tesla's second-largest market and its Shanghai plant is the electric carmaker's largest production hub. The trip would mark Musk's first in China since early 2020 and comes at a time when Tesla is facing competition from Chinese automakers exporting their China-made electric vehicles. Tesla has not yet given any update on its plans to increase output by 450,000 vehicles a year at its Shanghai plant.

via CNBC|

#business #china #electric-vehicles

business3 years ago•2 min saved

Sources: Musk to Meet with Chinese Officials During Visit This Week

Elon Musk is expected to visit China this week and meet senior Chinese officials, as well as visit Tesla's Shanghai plant. China is Tesla's second-largest market and its Shanghai plant is the electric carmaker's largest production hub. Tesla is facing competition with Chinese automakers exporting their China-made electric vehicles as demand in the world's largest auto market weakens. The company has submitted plans to local authorities to expand capacity for producing powertrains at the Shanghai plant to 1.75 million units annually.

via Reuters|

#business #china #electric-vehicles

business3 years ago•2 min saved

Elon Musk to Meet with Chinese Officials During Visit to China

Tesla CEO Elon Musk is expected to visit China this week and meet with senior Chinese officials, as well as visit Tesla's Shanghai plant, according to sources. China is Tesla's second-largest market and its Shanghai plant is the company's largest production hub. The trip comes as Tesla faces competition from Chinese automakers exporting their China-made electric vehicles and as the company grapples with capacity constraints in China. Musk has not visited China in three years and his last visit caused a stir when he danced on stage during an event at Tesla's Shanghai factory in early 2020.

via Yahoo Finance|

#business #china #electric-vehicles

business3 years ago•1 min saved

Elon Musk Plans China Visit to Meet Premier.

Tesla CEO Elon Musk is seeking a meeting with Premier Li Qiang during a visit to China in early April, according to sources. China is Tesla's second-largest market and its Shanghai plant is the company's largest production facility. The exact purpose of the meeting is unknown, but Musk and Li have met before at the opening of the Shanghai plant in 2019. Tesla is currently facing delays in its plans to increase production capacity at the Shanghai plant and is waiting for approval to offer its full self-driving technology in China.

via Fox Business|

#business #china #elon-musk