-
Advertorial
-
FOCUS
-
Guide
-
Lifestyle
-
Tech and Vogue
-
TechandScience
-
CHTF Special
-
Nanshan
-
Futian Today
-
Hit Bravo
-
Special Report
-
Junior Journalist Program
-
World Economy
-
Opinion
-
Diversions
-
Hotels
-
Movies
-
People
-
Person of the week
-
Weekend
-
Photo Highlights
-
Currency Focus
-
Kaleidoscope
-
Tech and Science
-
News Picks
-
Yes Teens
-
Budding Writers
-
Fun
-
Campus
-
Glamour
-
News
-
Digital Paper
-
Food drink
-
Majors_Forum
-
Speak Shenzhen
-
Shopping
-
Business_Markets
-
Restaurants
-
Travel
-
Investment
-
Hotels
-
Yearend Review
-
World
-
Sports
-
Entertainment
-
QINGDAO TODAY
-
In depth
-
Leisure Highlights
-
Markets
-
Business
-
Culture
-
China
-
Shenzhen
-
Important news
在线翻译:
szdaily -> China -> 
Tesla plans to build cars in Shanghai
    2018-06-07  08:53    Shenzhen Daily

TESLA on Tuesday revealed to shareholders that it is working with officials in China to build electric cars and battery packs in Shanghai.

Tesla head of worldwide sales Robin Ren disclosed the planned location of Tesla’s second “Gigafactory” while co-founder and chief Elon Musk fielded questions at an annual shareholders meeting.

“We are incredibly excited to build the first Gigafactory outside the U.S. in China, specifically, it is going to be in Shanghai,” Ren said.

He added that discussions with government officials in China have been “really great” and that more details about the Shanghai plant would be shared “soon.”

For Tesla to make affordable vehicles, “it is going to be important to localize production to at least a continent level,” Musk said.

Tesla hopes to have pinpointed a spot for a Gigafactory in Europe by the end of this year, according to its chief, who added that the company ultimately expects to have 10 to 12 such plants worldwide.

Gigafactories will produce battery packs and cars on site, according to Musk. Tesla’s gigafactory in the U.S. state of Nevada makes batteries for the company’s cars, which are built in northern California.

Last month Musk told employees the electric carmaker is being reorganized to speed up production of Model 3 vehicles — a key to profitability at the fast-growing firm.

“To ensure that Tesla is well prepared for the future, we have been undertaking a thorough reorganization of our company,” a memo obtained by AFP said.

“As part of the reorg, we are flattening the management structure to improve communication, combining functions where sensible and trimming activities that are not vital to the success of our mission.”

During an earnings call in May, Musk said Tesla was on the road to hitting goals in coming months for the more affordable Model 3 and achieving profitability by the end of this year.

However, new data is now showing that about 23 percent of reservation holders for the Model 3 have received refunds. The data comes from Second Measure, a company that analyzes credit-card transactions, as reported by Recode.net.

The cancellations could stem from delays in the production of the promised “affordable” Model 3 with the smaller battery and a 220-mile range. So far Tesla has only built more expensive Model 3s with the more expensive long-range battery rated at 310 miles.

(SD-Agencies)

深圳报业集团版权所有, 未经授权禁止复制; Copyright 2010, All Rights Reserved.
Shenzhen Daily E-mail:szdaily@szszd.com.cn