Electric carmaker Tesla has entered into an agreement for a working capital loan of up to 4 billion yuan with a lender from China for its Shanghai car plant, according to aThe loan, which will be provided by Industrial and Commercial Bank of China Limited, will be used only for expenditures related to production at the Shanghai plant, the filing said.
The factory is Tesla's first car manufacturing site outside the US and is the centerpiece of its ambitions to boost sales in the world's biggest auto market and to avoid higher import tariffs imposed on US-made cars.at its San Francisco Bay Area plant due to the broader impact of the coronavirus, and was told by the local county health department on Friday that it "must not reopen" as local lockdown measures remain in effect.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Cuidado
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla Model 3 standard range compared with long-range Chevy Bolt EV - Business InsiderI put a $57,500 Model 3 up against a $43,000 Chevy Bolt in a battle of marquee electric cars. Tesla now sells the same version for $40,000. Rematch!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla reportedly halts China factory, its last operational plant - Business InsiderA local tech news site said the stoppage was due to parts shortages. Tesla said it was performing normal maintenance over a holiday break.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla preparing to restart operations despite stay home orders: report - Business InsiderSome employees returned to work at the company's Fremont plant Wednesday to prep the plant for reopening, the San Francisco Chronicle reported. Paranoid has destroyed you Musk you money grabbing sob you are so broke! Musk was a fool for locating his Tesla plant in Kalifornia.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Leaked email: Elon Musk says Tesla will resume production at US plant - Business InsiderTesla's Fremont, California ,car factory stopped making vehicles on March 23 following a local shelter-in-place order issued because of the pandemic. $TSLA tra la la la One could of just watched the joe rogan podcast for this info
Source: BusinessInsider - 🏆 729. / 51 Read more »
Cybertruck will be built before the Tesla Roadster, Elon Musk says - Business InsiderElon Musk says the Tesla Roadster will follow the Cybertruck and Model Y because 'dessert' has to come after 'the meat and potatoes.' Must have got your info from joerogan podcast with elonmusk cyberjunk must come first
Source: BusinessInsider - 🏆 729. / 51 Read more »
Best front trunks, or 'frunks,' from Tesla Ferrari Porsche Lamborghini - Business InsiderFor sports cars from the likes of Ferrari, the frunk is all the cargo space you get. I get a kick out of frunks — here are some favorites.
Source: BusinessInsider - 🏆 729. / 51 Read more »