Tesla reached new highs today and started to roll out deliveries for its China-made Model 3. So what’s next for the company? “When I think about that road to a higher market-cap, there are some asterisks there,” one analyst says.
Tesla CEO Elon Musk danced on stage during a ceremony at the company's new Gigafactory in Shanghai on Tuesday.But he may not have a lot to dance about: Tesla is already considering dropping the price of the Model 3 in China, which has angered buyers in other markets.
Tesla Inc CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai, China January 7, 2020.CEO Elon Musk spoke during a ceremony at the company's new Gigafactory in Shanghai on Tuesday and had a chance to show off some of his dance moves.. The first Tesla Model 3 cars were delivered out of the Shanghai factory to the public, for example, and Musk said he will design a future Tesla vehicle in China that will be sold globally.
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