Elon Musk says Tesla will export cars from its new China factory and that could help it avoid further trade war pain
Tariffs aside, profit margins could be much higher — upwards of 30% — for Shanghai-built cars, analysts at Morgan Stanley estimated last year.
"We are of the opinion that the new Shanghai Gigafactory has the potential to show how inefficient Tesla's current production assets are relative to competitors and see scope for the Shanghai Gigafactory to be one of the more profitable auto factories in the world,"And as Shanghai comes fully online, Tesla is also beginning to build a factory near Berlin, Germany.
"Gigafactory Shanghai will be the first Tesla gigafactory outside the United States," Musk said at the event, "and it will be the most advanced gigafactory as well. We want to make this factory extremely environmentally sustainable, and for this to be a showpiece for the world."
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Elon Musk says will design a future Tesla car in China for global marketTesla CEO Elon Musk said the company will open a design and engineering center in China.
Weiterlesen »
Elon Musk’s moment of truth arrives with made-in-China TeslasThe Model 3 sedans assembled at Tesla’s Shanghai plant face a Chinese market where total vehicle sales are expected to fall for a third straight year.
Weiterlesen »
German carmakers eye Brandenburg after Tesla expansion pushThe German state of Brandenburg has received a flurry of inquiries from German c...
Weiterlesen »
Tesla delivers first Chinese-made Model 3 to customersTesla has delivered its first Chinese-made cars to customers and chief executive Elon Musk says the electric car brand plans to set up a design center in China
Weiterlesen »
Tesla bear is forced to hike price target after rally, but still expects a 25% dropCredit Suisse significantly raised its price target for Tesla shares but the new expectation still represents a drop from current levels.
Weiterlesen »
Tesla starts work on Model Y program at Shanghai factoryU.S. electric vehicle maker Tesla Inc on Tuesday officially started work on a Mo...
Weiterlesen »