Tesla Inc will deliver its first China-made Model 3 sedans to the public on Jan....
SHANGHAI - Tesla Inc will deliver its first China-made Model 3 sedans to the public on Jan. 7 at an event at its Shanghai plant, a representative for the firm told Reuters on Thursday.
Fifteen Tesla employees who had purchased the car were the first to take delivery on Monday after the first China-made vehicles rolled off the plant’s production line in October. China will be an important market for the company in 2020, said Dorsheimer, who raised his price target on Tesla to $515, the second-highest on Wall Street.
Tesla executives also told reporters the plant had achieved a production target of 1,000 units per week, or around 280 cars a day, and that sales for the China-made sedan had so far been “very good”.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump Says He Will Sign Phase-One Trade Deal With China on Jan. 15President Trump said he would sign the phase-one trade deal with China on Jan. 15 and will later travel to Beijing for talks on a broader pact.
Read more »
Can Tesla Hold Its Charge?Tesla ended 2019 with a near-record valuation, but investors should be careful not to confuse a buoyant stock price with a sustainably profitable business.
Read more »
Trump says he will sign 'phase one' China trade deal on Jan. 15 at the White HouseChinese officials haven’t said anything about signing the phase one trade deal on Jan. 15 — but this silence is not unusual.
Read more »
Tesla stock price could surge 23% in 2020 according to one analyst - Business InsiderJed Dorsheimer of Canaccord Genuity, raised his price target to $515 from $375 Thursday, saying electric vehicles will 'only accelerate in 2020.'
Read more »
Fatal Tesla crash in Gardena being investigated by NHTSAPolice said a Tesla exited the freeway, ran a red light and slammed into a Honda Civic on Sunday.
Read more »
National Highway Traffic Safety Administration is investigating a Tesla crash that killed 2 peopleThe National Highway Traffic Safety Administration is investigating a crash involving a Tesla in California that left two people dead.
Read more »