Showing 12 of 481 posts with this tag
Tesla's Q1 total revenue was $23.329 billion, as per documents submitted to the US Securities and Exchange Commission (SEC) on April 24th. Notably, Tesla's revenue in China in Q1 amounted to $4.891 billion with a year-on-year growth rate of 5.18%.
The dispute between Tesla Shanghai and a former employee over the infringement of trade secrets will be held in Yangpu District People's Court of Shanghai on December 14. This case is the first case involving the infringement of Tesla China's trade secrets in the country.
Grace Tao, Global Vice President of Tesla, announced via domestic microblogging platform Weibo on August 15 that the localization rate of Tesla China's supply chain has exceeded 95%, as the firm's Shanghai Gigafactory has now produced more than 1 million vehicles.
The M5 and M7 models of AITO, a Chinese automaker established jointly by Huawei and Seres, have undergone price reductions of 8,000 yuan ($1,096). AITO is the first new energy vehicle brand in China to follow in the footsteps of Tesla's latest decision.
Tesla China has recently asked local consumers to sign a "letter of commitment not to resell their cars," igniting heated discussion among domestic web users.
Chinese EV Maker Leading Ideal is expected to have its IPO in July or August, which is sill in dispute by people.
Today, a Tesla Model S owner posted a blog on China's Twitter-like Weibo, saying that, after 755 days, he has finally won his fraud case against Tesla. The owner will receive four times the amount he spent on the vehicle.
On November 15th, Tesla China's customer service responded that if the PMV is confirmed to be an imitation, the legal department will handle it.
Tesla has changed the structure of its Asia Pacific management, with executives in the region now reporting to Tom Zhu, the top Greater China executive.
Tesla Energy Storage Gigafactory is imminent and is expected to be completed before the end of this year.
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 Chi...
On March 10, the Chinese Ministry of Industry and Information Technology spoke with Tesla regarding its HW2.5 hardware downgrade scandal.