Tesla Passes Data Security Tests in China; Restrictions Further Lifted
Tesla has successfully passed four data security tests in China, leading to the lifting of certain restrictions on the automaker.
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China’s Premier Li Qiang Assures Elon Musk of Continued Openness to Foreign Enterprises
Chinese Premier Li Qiang assured Elon Musk in Beijing that China remains committed to opening its vast market to foreign enterprises, emphasizing continued support and enhanced services for global investors.
Elon Musk Meets with China’s Trade Promotion Head in Beijing to Discuss Cooperation
Elon Musk, CEO of Tesla, met with Ren Hongbin, head of the China Council for the Promotion of International Trade, in Beijing to discuss cooperation and enhance ties between Tesla and Chinese enterprises.
Tesla to Break Ground on New Megafactory in Shanghai
Tesla is set to begin construction on its new megafactory in Shanghai this May, capable of producing 10,000 Megapack units annually. This marks Tesla’s first energy storage megafactory outside the U.S.
Tesla Announces Global Layoffs Exceeding 10% Amid Declining Sales
Tesla plans to lay off over 10% of its global workforce amid declining sales, impacting approximately 14,000 employees. CEO Elon Musk aims to reduce costs and boost productivity as the company prepares for future growth.
Tesla and BYD Lead 2023 Electric Vehicle Sales Surge
Tesla and BYD are leading the global surge in electric vehicle sales in 2023, with experts highlighting the significant contribution of Chinese EV manufacturers like GAC.
Shanghai Free Trade Zone: Pioneering China’s Economic Transformation
Since its establishment, the Shanghai Free Trade Zone has become a model of success in China’s reform and opening-up, attracting global businesses and pioneering financial innovation.