







According to foreign media reports, Tesla CEO Elon Musk has landed in China in his private jet.
This is his first visit to China after three years. As in 2020, he will also visit the company's gigafactory in Shanghai's Lingang new area, two of the sources said.
On January 7, 2020, Musk participated in the launching ceremony of the Shanghai Super Factory. Since then, sales of Tesla's electric vehicles have climbed steadily, and Shanghai has become Tesla's largest production base.
As Tesla's largest factory in the world, the Shanghai Gigafactory produced about 726,000 Model 3 and Model Y in 2022, accounting for more than half of Tesla's global sales. According to data from the China Passenger Car Association showed Tesla’s Shanghai Gigafactory delivered 75,842 vehicles in April this year, surpassing Mercedes-Benz, BMW, and Audi.
In addition, the Shanghai factory also delivered cars to Tesla’s overseas market, and the company confirmed last week that it completed the first shipment from the Shanghai factory to Canada.
More popular news
Goldman Sachs, Barclays warn: Fed will not cut interest rates this year
Balance of M2, M1 and M0 All Rise, China’s Central Bank Says
India to become Europe’s top supplier of refined oil products after massive purchases of Russian oil
UN and IMF Raise Forecasts for China GDP, Regulators Promise Measures to Boost Growth
Lithium Carbonate Price Rally Was Not Driven By Robust Demand Recovery
SMM Morning Comments (May 23): Base Metals Closed Mostly with Losses on US Macro Headwinds
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn