"Elon Musk will be very happy about Chinese performance," said Tesla China's Global Vice President Grace Tao. 2020 China International Fair for Trade in Services (CIFTIS) is the first major international economic and trade event held by China since the COVID-19 outbreak. CIFTIS has attrac...
China is the second biggest market for Tesla after the US. It has sold over 1.7 million cars in China since entering the market, which is considered the world’s largest, in 2012, and opened its biggest factory in Shanghai. According to Chinese state media, Musk also met with Ren Hongbin...
Musk said he had never seen anything go so fast in his life before. "I really think China is the future," he said. In January, Tesla broke ground on its Shanghai factory, becoming the first to benefit from a new policy allowing foreign carmakers to set up wholly owned subsidiaries in ...
Dave Mosher
That concern is justified. Mr Musk knows well what happens when China's leaders go gaga for an emerging industry. In China and elsewhere Tesla's electric-vehicle sales are crashing as Chinese challengers, nurtured on state support then left to compete among themselves, offer EVs that are cheape...
This is not the first time Musk, whose Tesla had a large factory in Shanghai, has riled Taiwan. MORE: Places the U.S. Government Warns Not to Travel Right Now Last October, he suggested that tensions between China and Taiwan could be resolved by handing over some control of Taiwan to ...
"In fact, I was surprised when they (the tariffs) were announced," said Musk when asked about the Biden administration's decision to raise tariffs on imported EVs from China to 100 percent. "Tesla competes quite well in the Chinese ma...
SHANGHAI -- Tesla CEO Elon Musk paid an early morning visit to the Tesla Shanghai Gigafactory on Thursday during his trip in China, and lauded the plant for its production efficiency and quality. Musk congratulated the Chinese team for their amazing work and the "positive energy of...
Elon Musk was in China Tuesday for a ceremony that marks Tesla's first delivery of made-in-China vehicles to the general public. The Tesla founder turned it into a party, busting out some dance moves on stage in Shanghai, according to Bloomberg. The company is manufacturing its Model 3 ...
Tesla CEO Elon Musk went on first China trip in over three years as foreign CEOs flock to the country; AI industry scale in Beijing expected to reach 300 billion yuan by 2025. Here’s what you need to know about China in the past 24 hours ...