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VW to take on Tesla X in China from 2021 with electric SUV

Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla's Model X as the German carmaker ramps up production of zero emissions vehicles......»»

Category: topSource: reutersApr 14th, 2019

Tesla Set to Build 500,000 Annual Capacity Plant in China

Tesla and the city of Shanghai have reached an agreement permitting the carmaker to build a plant there without having to partner with a Chinese firm. CEO Elon Musk expects production to reach........»»

Category: blogSource: 247wallstJul 10th, 2018

Chinese Tesla rival Nio hobbles into its IPO, raising just $1B

Fast-growing Chinese electric carmaker Nio, a Tesla rival with U.S. headquarters in San Jose, limped into its much-anticipated initial public offering this morning, raising roughly $1 billion and valuing the company at $6.41 billion. At one point, Nio .....»»

Category: topSource: bizjournalsSep 12th, 2018

Chinese electric carmaker NIO slumps in U.S. debut

Shares of Chinese electric carmaker NIO Inc fell as much as 15 percent in their market debut, a day after its public offering was priced at the lower end of an expected range, weighed down by investor worries about the prospects of chief rival Tesla Inc......»»

Category: topSource: reutersSep 12th, 2018

Tesla secures Shanghai site for $2 billion China Gigafactory

Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday......»»

Category: topSource: reutersOct 17th, 2018

Nio, China rival to Tesla, says U.S. head to step down

The U.S. head of Nio Inc, an electric carmaker seen as one of the main Chinese rivals to Tesla Inc, will leave the company, the firm said in a filing on Friday, the first major management departure since its September IPO......»»

Category: topSource: reutersNov 29th, 2018

Tesla urges tariff exemption for Chinese-made car computer "brain"

Tesla Inc has asked the Trump administration to exempt the Chinese-made car computer "brain" of its new Model 3 sedan from 25 percent tariffs imposed in August, saying they threaten the electric carmaker's bottom line......»»

Category: topSource: reutersJan 4th, 2019

Tesla urges tariff exemption for Chinese-made car computer

Tesla Inc has asked the Trump administration to exempt the Chinese-made car computer "brain" of its new Model 3 sedan from 25 percent tariffs imposed in August, saying they threaten the electric carmaker's bottom line......»»

Category: topSource: moneycentralJan 4th, 2019

Chinese EV carmaker NIO aims to raise $650 million with convertible bond

Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million convertible bond on Wednesday, four months after it listed in New York......»»

Category: topSource: reutersJan 30th, 2019

Chinese EV carmaker NIO aims to raise $650 million via convertible bond

Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million five-year convertible bond on Wednesday, aiming to use the proceeds to fund expansion......»»

Category: topSource: reutersJan 30th, 2019

Chinese EV carmaker NIO raises $650 million via convertible bond

Electric carmaker NIO Inc, one of the main rivals to Tesla in China, raised $650 million in a five-year convertible bond on Thursday, aiming to use the proceeds to fund expansion......»»

Category: topSource: reutersJan 31st, 2019

Elon Musk Reacts As Chinese Tesla Owner Says "I Look Forward To Tesla FSD Entering China": "Possible Very Soon"

Tesla CEO Elon Musk on Saturday hinted at the imminent launch of the company's Full Self-Driving (FSD) feature in China. read more.....»»

Category: blogSource: benzinga4 hr. 0 min. ago

Chinese EV Contender Xiaomi"s Budget "Tesla Killer" Zooms Past Sales Expectations By 3-5 Times

Company CEO Lei Jun revealed the unexpected sales figures during a live stream on Douyin, the Chinese equivalent of TikTok, Reuters reported. read more.....»»

Category: blogSource: benzingaApr 19th, 2024

Tesla is laying off more than 10% of its workforce, memo shows

The layoffs at Tesla have come shortly after the carmaker posted lackluster delivery numbers. Tesla has announced layoffs.Justin SullivanTesla is re.....»»

Category: topSource: businessinsiderApr 15th, 2024

Tesla Builds Facility To Store Data Locally In China Amid Heightened Regulatory Scrutiny

Tesla Inc (NASDAQ: TSLA) has put in place a data center on Chinese soil to store data from all vehicles sold on the mainland, CnEVPost reported Tuesday. read more.....»»

Category: blogSource: benzingaMay 26th, 2021

Dump Nio And Buy Tesla, Says Cramer

CNBC host Jim Cramer has advised investors to sell their shares in Chinese electric vehicle maker Nio Inc. (NYSE: NIO) and buy shares in Tesla Inc. (NASDAQ: TSLA) instead. read more.....»»

Category: blogSource: benzingaMay 25th, 2021

Tesla Vehicles Banned From Some Chinese Government Compounds

Tesla Vehicles Banned From Some Chinese Government Compounds The ongoing saga that is the relationship between the CCP and Tesla has once agai.....»»

Category: worldSource: nytMay 21st, 2021

Tesla Slides As April Data Shows Collapse In Chinese Sales

Tesla Slides As April Data Shows Collapse In Chinese.....»»

Category: dealsSource: nytMay 19th, 2021

Tesla Investigating Collision That Killed One Chinese Policeman And Injured Another

Tesla Investigating Collision That Killed One Chinese Policeman And Injured Another.....»»

Category: personnelSource: nytMay 18th, 2021

Chinese Media Makes Surprise U-Turn On Tesla, Now Claims Shanghai Expansion Is "Going Smoothly"

Chinese Media Ma.....»»

Category: smallbizSource: nytMay 13th, 2021