Tag: China factory

Industry Focus Areas, Motorized Vehicle

Tesla Poised for Earnings Hit From China Factory Shutdown

July 20, 2022

Via: The Wall Street Journal

Tesla Inc. TSLA 2.07%▲ is expected to report its first sequential decline in quarterly profit in more than a year as it recovers from an extended shutdown at its Shanghai assembly plant. Covid-19-related restrictions in China and ongoing supply-chain disruptions […]

Industry Focus Areas, Motorized Vehicle

Musk dance moves launch Tesla SUV program at new China factory

January 7, 2020

Via: Reuters

The $2 billion Tesla Inc factory started delivering cars in just 357 days, a record for global automakers in China. The first 10 customers from the public received their China-made Model 3 sedans on Tuesday. Billionaire CEO Musk danced enthusiastically […]