Elon Musk says will design a future Tesla car in China for global market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Tesla CEO Elon Musk said the company will open a design and engineering center in China.

The electric car company founder said Tesla would open a design and engineering center in the world's second-largest economy. He did not specify any timelines.

Tesla also confirmed that it would start work on a production program for its Model Y crossover vehicle in its Shanghai Gigafactory, the only production factory outside of the U.S. Production for its Model 3 — a sedan that was announced before the Model Y back in 2016 — only started in October in the Shanghai factory.

Musk made the announcements as he delivered the first Model 3 cars out of the Shanghai factory to the public. "We intend to continue making a significant investment and increasing the investment in China, making the Model 3 and the Model Y and future models also in China," Musk told an audience in Shanghai.

"Something that would be super cool … So we're going to do it … is to try to create a China design and engineering center to actually design an original car in China for worldwide consumption. I think this will be very exciting," he added.from cooling electric vehicle sales to increasing competition.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

elonmusk is not concerned about quality for his Tesla products.

scumbag

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:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines