tesla Archives - Page 6 of 24

Tom Zhu, Head of Tesla Greater China, Appears on Investor Day

At Tesla's Investor Day held on March 1, the electric vehicle manufacturer shared a series of business plans for future developments in R&D and manufacturing. Tom Zhu, the global vice president of Tesla and head of Greater China, explained Tesla's gigafactory situation.

Appraisal of Tesla Traffic Accident in Guangdong Now Finished

With regard to the accident involving a Tesla vehicle in Chaozhou, Guangdong Province on November 5 last year, the appraisal report has been finally sent to local police.

BYD Cut Prices for the First Time This Year to Compete with Tesla

Chinese electric vehicle maker BYD lowered the prices of its models for the first time this year in order to stabilize its existing market share and achieve higher sales targets.

NIO’s Sub-Brand Alpine Targets Monthly Delivery of 50K Units

Alpine, a sub-brand of Chinese electric vehicle maker NIO aimed at consumers with a budget between 200,000 yuan ($29,019) and 300,000 yuan ($43,528), will be rolled out through new sales channels.

Tesla’s Flagship Store on JD.com Attracted 530K Followers in Three Days

After Tmall, a Chinese e-commerce giant, welcomed Tesla, rival e-commerce platform JD.com also launched an official flagship store for the EV giant and attracted over 530K followers in only three days.

Taiwanese Singer Jimmy Lin Fined for Illegal Parking Half a Year after Tesla Car Accident

Taiwanese singer and professional race driver, Jimmy Lin was photographed driving out to have dinner with friends, and was later fined for parking illegally. This is his first public appearance in front of the media since the accident involved a Tesla vehicle in July last year.

Tesla’s Revenue Growth in China Slowed Down Sharply in 2022

According to a document submitted by Tesla to the US Securities and Exchange Commission on January 31, the firm's total revenue in 2022 was $81.462 billion, up 51% year-on-year. Specifically, the Chinese market notched revenue totaling $18.145 billion, accounting for 22.27%.

Following Tesla, XPeng Reduces EV Prices by up to $5,312

Following similar moves by Tesla China and Huawei-backed AITO, Guangzhou-based electric vehicle firm XPeng has announced a price reduction plan.

Tesla China Denies 54% Drop in Production Costs for 4680 Batteries

News emerged recently that Tesla's production of 4680 large cylindrical batteries has achieved a major breakthrough, and that costs have dropped by 54%. However, many staff members of Tesla's China division stated, "At present, there is no related news."

Visual Perception Bug Found in Li Auto’s L8 Pro

A Li Auto car owner in Shanghai claimed recently that when he was driving at night, the central control screen suddenly showed that a person was following directly behind the vehicle, but upon checking, he found that there was nothing.

Huawei-Backed AITO Drops Prices in China, Following Tesla

On January 13, Huawei-backed electric vehicle brand AITO suddenly announced price reductions of 30,000 yuan ($4,462), bringing the cost of its M5 and M7 EVs down to 259,800 yuan and 289,800 yuan, respectively.

Tesla Global VP Grace Tao Explains China Price Adjustment Strategy

Tesla China recently reduced the prices of its Model 3 and Model Y, inciting the frustration of previous buyers and driving an uptick in new customers. On January 9, Grace Tao, global vice president of Tesla, attempted to clarify the company's pricing logic.

Tesla’s Sharp Price Drop in China Spurs Car Owner Complaints

Tesla suddenly posted record-low vehicle prices for the Chinese market on January 6, causing many Chinese car owners to organize in an attempt to defend their consumer rights.

Tesla Cuts Price of Model 3 and Y in China, Announces Price of Model S and X

On January 6, the starting prices of Tesla's Model 3 and Model Y in China dropped to 229,900 yuan ($33,458) and 259,900 yuan ($37,825) respectively, the lowest prices ever for both vehicles, with an estimated delivery period of one to four weeks.

Tesla China Regional GM: We Will Contribute to Global Expansion of “Made in China”

During the Guangzhou Auto Show, Kong Yanshuang, Regional General Manager of Tesla China, said in an interview that the company is looking forward to accelerating the release of vitality in the Chinese auto market after the end of the pandemic.

BYD Reportedly Sets 2023 Sales Target of 4 Million Vehicles

News emerged on January 3 that Wang Chuanfu, the chairman of Chinese automotive giant BYD, has set a goal of selling a total of 4 million vehicles in 2023. In response, BYD said that due to the continuing pandemic, it is difficult to set a precise sales target for this year.

Tom Zhu to Run Tesla’s Global Sales, Delivery, Services and Production, Reports Say

Tom Zhu, Tesla's head of China and global vice president, was reportedly given a new position on January 3. Going forward, he will be responsible for the US-based automaker's global sales, delivery, after-sales and factory production.

Tesla to Unveil Prices of Model S/X Plaid Models in China on Jan 6

Tesla announced on December 30 at an automotive expo in Guangzhou that the prices of its Model S Plaid and Model X Plaid in the Chinese market will be unveiled on January 6, 2023.

Tesla Discloses Shanghai Production Plan for Spring Festival

Tesla's Shanghai Gigafactory will reportedly suspend production from January 20-31, longer than China's national Spring Festival holiday from January 21-27. The EV maker responded that most employees at the factory will have a holiday from January 20 to 28.

Tom Zhu Steps Down As Legal Representative of Tesla China Subsidiary

Tesla's China chief Tom Zhu stepped down as legal representative of Tesla (Shanghai) Co., Ltd., but will remain its chairman. This may be another signal that Zhu is fading out of Tesla's business in China.

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