Tag: China

Musk Shows Off Dance Moves as Model Y Launches in China

Tesla Chief Executive Elon Musk attended an event Tuesday at Gigafactory 3 in Shanghai to celebrate mass delivery of Chinese-built Model 3s. Tesla also officially launched the Model Y at the factory, which is expected to go to production this year. While Tesla’s advancement in the largest car market in the world is important news, it… Continue reading Musk Shows Off Dance Moves as Model Y Launches in China

Report: Model 3 Deliveries to Chinese Customers to Begin Next Week

Tesla is planning an event for Jan. 7 at its Shanghai plant to deliver the first China-made Model 3s to the public, according to a report from Reuters. Tesla held an event early this week to hand over the earliest Model 3s to be produced at Gigafactory 3 to 15 Tesla employees who had purchased… Continue reading Report: Model 3 Deliveries to Chinese Customers to Begin Next Week

Tesla’s Exciting Product Pipeline Drove Headlines in 2019

There are few companies that grab headlines like Tesla. The electric carmaker’s world-transforming mission, breakthrough technology, and dynamic founder are a great recipe for intrigue. The company doesn’t advertise. And, they’re right, they don’t have to. Tesla had more than its fair share of notable developments to make the news in 2019. Below are a… Continue reading Tesla’s Exciting Product Pipeline Drove Headlines in 2019

Tesla Already Producing 1,000 Cars a Week in China

Tesla is already producing more than a thousand cars a week at Gigafactory 3 in Shanghai, according to media reports in China.  Several executives at Gigafactory 3 gave interviews at a ceremony this week to celebrate the first deliveries of cars produced in the factory. A group of 15 employees at the plant were the first… Continue reading Tesla Already Producing 1,000 Cars a Week in China

Man Gets Down on One Knee During Delivery of Model 3

As if receiving a new Model 3 isn’t exciting enough, a recent delivery in China also included a marriage proposal. During a celebration of the first deliveries from Tesla’s Gigafactory in Shanghai, a customer surprised his partner by filling the frunk of the car with flowers, then dropping on one knee to propose.  Obviously, the… Continue reading Man Gets Down on One Knee During Delivery of Model 3

Tesla Delivers First Cars from Shanghai Factory

Tesla has officially delivered Model 3s built in its Chinese Gigafactory. A ceremony was held Monday at the factory, which included handing over 15 cars to employees in China. Tesla seems to now be ready to start delivering in mass to the largest electric car market in the world. Tesla’s operation in Shanghai was built… Continue reading Tesla Delivers First Cars from Shanghai Factory

Report: Tesla to Deliver First Cars from Shanghai Factory on Dec. 30

Tesla will start delivering on Dec. 30 Model 3s built at its Shanghai plant, according to a report from Reuters.  The deliveries will take place just 357 days after the factory’s construction started in an empty field, a new record for global automakers in China. The 15 customers that will receive the earliest cars off… Continue reading Report: Tesla to Deliver First Cars from Shanghai Factory on Dec. 30

Tesla Gives a Look Inside Gigafactory 3

Tesla has released photos inside Gigafactory 3 in Shanghai that show the production facility is poised to start pumping out Model 3 and Model Y vehicles. In its Q3 2019 earnings report, Tesla confirmed that trial production has started at the plant, and pending government approval, the factory will likely start manufacturing ahead of schedule. … Continue reading Tesla Gives a Look Inside Gigafactory 3

Tesla Posts Q3 Profit

Tesla posted a surprise third quarter profit on Wednesday. The company reported revenue of $6.3 billion versus estimates of 6.45 billion with a gross margin of 18.9% versus estimates of 17.7%. According to the company’s Q3 2019 Update: Last year, our story was about ramping the Model 3. While total volumes are expected to grow by approximately… Continue reading Tesla Posts Q3 Profit