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Tesla Secures New Lithium Supply Deal

Tesla’s battery supply is getting a bump from a new five-year partnership with China’s Sichuan Yahua Industrial Group Co. Sichuan Yahua, a wholly-owned subsidiary Yaan Lithium, announced the deal Tuesday. Reuters reported a Shenzhen Stock Exchange filing that showed the company put the total value of the contract at $630-$880 million over 2021-25. Tesla started production at …
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Tesla Announces Color-Change Wrap Service in China

Tesla is offering a vinyl wrap option to customers in China. The new Tesla-managed wrap service was announced on the company’s Wibo account. The service has launched in five cities – Beijing, Shanghai, Guangzhou, Shenzhen, Suzhou. Other cities will be announced this month, according the the post.  Tesla Chief Executive Elon Musk previously mentioned wraps. When asked …