Tesla (TSLA) Falls on Report of Shanghai Production Cuts
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Tesla (TSLA) Launches two EVs in Thailand
December 7, 2022 8:11 AM ESTAmerican electric vehicle maker, Tesla (NASDAQ: TSLA) has launched two models in Thailand on Wednesday as the car maker continues its expansion into the Asian market. The announcement marks the companys first venture into a region that has long been dominated by Japanese... More
Tesla (TSLA) offers additional price cuts in China through end of year
December 7, 2022 8:03 AM ESTA company representative from Tesla (NASDAQ: TSLA) announced on Wednesday that the electric vehicle maker will be offering a limited time discount of 6,000 yuan ($859.20) to Chinese buyers on some models through to the end of 2022.
The discount comes in addition to a previously... More
Tesla (TSLA) denies reports of output cuts; replies 'false news'
December 5, 2022 1:34 PM ESTMonday morning saw reports, citing people familiar with the matter, claiming that the electric vehicle giant, Tesla (NASDAQ: TSLA) would be cutting production of the Model Y at the companys shanghai location. However, the automaker has come out saying that the claims were... More
Tesla (TSLA) cuts December Model Y output at Shanghai plant
December 5, 2022 6:57 AM ESTA report by Bloomberg on Monday, citing people with knowledge of the situation, claims that Tesla (NASDAQ: TSLA) plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month.
According to the... More
Tesla cuts output plan for Shanghai plant for Dec -sources
December 5, 2022 1:56 AM ESTSHANGHAI (Reuters) -Tesla plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month, two people with knowledge of electric vehicle maker's production plan said on Monday.
The planned production cut comes after Tesla reported record sales in China for November.
The output reduction was first reported by Bloomberg, which said the move was a reflection of sluggish demand.
Reuters was not able to determine the reason for the planned reduction in output at the Shanghai factory, Tesla's largest production hub.
A Tesla representative did not... More