Elon Musk, CEO of Tesla, confirmed amid the company’s record loss that he will not sell any stocks. Tesla’s Gigafactory 3 in China, although costing less than expected, will be built through local bank loans.
Hyperloop Transportation Technologies (Hyperloop TT) signed its first agreement with China to build a hyperloop system in the country’s technological development zone.
Here is this week’s roundup of China tech stories.
Tesla Motors announces a new Technology Innovation Center in Beijing on July 12 as CEO Elon Musk concludes his three-day trip in China.
Tesla Inc. is going to open its first overseas production facility in Shanghai, aiming to double its global manufacturing size.
Tesla Inc. registered a new car firm in Shanghai with 100 million RMB from the solo shareholder of TESLA MOTORS HK LIMITED, the Tencent Auto reported.
In mid-April, media reported that in a summit organized by the Chinese auto industry, a source disclosed that Tesla will establish a wholly-owned factory in China in 2018.
Elon Musk and his Space X rocket made world headlines after a successful launch at 2:30 am on February 7 at Florida’s Kennedy Space Center. Falcon Heavy blasted off on its first test, and its two booster rockets mad a successful landing.
Media were impressed with the 80-million-yuan lavish launch event for the ES8 in Wukesong Venue. There is no doubt NIO raised more investment and spent more money than any other automotive start-up in China. Since its establishment, NIO has raised more than US $2 billion.
On October 16, 2017, Tesla unprecedentedly released Model S/X for a country and offered charging adapter in line with China’s new national standard, which is a rare case.
Once the policy is released, Tesla will be on an equal footing with the start-up car companies. On April 22, 2014, Tesla CEO Elon Musk personally delivered the first Model S cars in China to Yu Yongfu, the chairman of Alibaba Entertainment; Li Xiang, the CEO of CHJ Automotive(车和家); Chinese famous host Wang Han and…
Frankly speaking, I do not quite agree with the view of Elon Musk’s that “AI will destroy humanity”. I have specific views about five areas: AI is just a tool and far from superintelligence. Based on my work experience in the research, development and investment of the AI field over the last 37 years, such…