BREAKING: Tesla will Deliver First China-built Model 3 on Monday

We’ve got breaking news out of Bloomberg bright and early Friday morning: Tesla Inc. will start delivering China-built cars on Monday, a major milestone for Elon Musk’s company as it mounts a push to expand in the world’s largest electric-vehicle market. The first 15 units of Model 3 sedans assembled at Tesla’s new multi-billion-dollar Shanghai plant […]

Tesla Secures $1.4 Billion Loan from Chinese Banks for GF3

A group of Chinese banks has agreed to extend a 10 billion yuan five-year loan facility to Tesla, to support Gigafactory Shanghai: U.S. electric vehicle maker Tesla Inc (TSLA.O) and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker’s Shanghai car plant, three sources […]

Jim Chanos Not Amused at Gigafactory Progress; Blocks Account He Condecendingly Subtweeted Last Year

It all started in February, when famed short-seller Jim Chanos subtweeted Twitter user Domenick commenting on the progress of Tesla’s Shanghai Gigafactory. Chanos tweeted with a smug sense of superiority, as is usual for $TSLAQ accounts. Through his mocking and condecending tone he declared: We are smarter than you. We understand the auto industry, and […]

Chinese EV Startups Face the Music

In an attempt to become a world leader in electric vehicles, China offered huge subsidies for the purchase of any Chinese-made EV until very recently. Now with the trade war, and defaulting firms sparking fears that the Chinese economy may be over-leveraged the subsidies are drying up. Without those juicy subsidies to boost sales, things […]

Made in China Model 3 Prepared for Delivery

This just in — orders for Made in China Model 3 are now beginning to queue up for delivery. Multiple Chinese customers reported changes in their account screen. ‼️⚠️Breaking⚠️‼️@Tesla is now is now preparing for DELIVERY of Giga Shanghai 🇨🇳 Model 3 —— Screenshot from my Weibo follower via DM pic.twitter.com/11oyKDOc1q — T☰SLA Mania 🇨🇳 […]