Subscribe
China

Tesla's Shanghai plant might have rescued Q2 results, analysts say

tesla china
What’s helping Tesla’s cause is its new plant near Shanghai, which just started delivering vehicles to public customers in January. (Bloomberg/Bloomberg)
DH
By:
DANA HULL
B
By:
Bloomberg
|
July 01, 2020 12:02 PM

Tesla Inc. endured a roughly seven-week shutdown of its most important car plant in the world last quarter, but its brand-new backup factory may have saved the day.

Featured Stories

Vehicles, certain auto parts are exempt from reciprocal tariffs, White House says
Vehicles, certain auto parts are exempt from reciprocal tariffs, White House says
VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says
VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says
Elon Musk will stay until he completes DOGE mission, White House says, dismissing earlier report
Elon Musk will stay until he completes DOGE mission, White House says, dismissing earlier report
Amazon’s used-vehicle interest could threaten listings companies
Amazon’s used-vehicle interest could threaten listings companies

Latest News

Korean luxury brand finds European inspiration
Hyundai 2nd-gen Nexo hydrogen fuel cell crossover gets big boost in power, range, styling
Hyundai Ioniq 6 EV gets even sleeker with refresh; sporty N Line added
Live updates on tariffs: Autos not part of reciprocal duties
Staying current is easy with newsletters delivered straight to your inbox.

See More in China

Stellantis-backed Leapmotor becomes top-seller among Chinese EV startups in March
Tesla China deliveries slide 11% in March as global rout deepens
EV startup Li Auto to open-source its vehicle operating system
Chinese automakers Dongfeng Motor and Changan Auto hold merger talks
Staying current is easy with newsletters delivered straight to your inbox.