Welcome
Login / Register

Tesla Boosted By Musk's Trip To China

Thanks! Share it with your friends!

URL

You disliked this video. Thanks for the feedback!

Sorry, only registred users can create playlists.
URL


Added by Admin in Travel Guides Asia
4 Views

Description

Tesla CEO Elon Musk kicked off the construction of the electric-car maker's new $2 billion Gigafactory in Shanghai, China, on Monday. Tesla shares jumped almost 2% early Monday. Before the ceremony, Musk sent outa string of tweets about the Shanghai factory, saying Tesla aims to finish the initial construction this summer, start Model 3 production by the end of year, and reach high volume production next year. In July, China also raised duties on US auto imports to 40%, while slashing auto import tariffs for the broader market to 15% from 25%, adding a huge headwind for the $10.5 billion worth of cars the US ships to China each year, including Tesla.
https://www.businessinsider.com/telsa-stock-shanghai-gigafactory-breaks-ground-2019-1
http://www.wochit.com

This video was produced by YT Wochit Business using http://wochit.com

Post your comment

Comments

Be the first to comment
RSS