Elon Musk, chief executive officer of Tesla Inc., speaks during a ceremony at the company's Gigafactory in Shanghai, China, on Tuesday, Jan. 7, 2020.
Qilai Shen | Bloomberg | Getty Images
Tesla CEO Elon Musk said the company will design a future car in China for the global market.
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.
Qilai Shen | Bloomberg | Getty Images
Tesla CEO Elon Musk said the company will design a future car in China for the global market.
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.
Groups Name | Click Here To Join |
---|---|
Be Positive | Join Now |
Inspirational Quotes | Join Now |
Positive Vibes | Join Now |
Motivational Quotes | Join Now |
Peace Quotes | Join Now |
QuotesHub | Join Now |
Saviour Thoughts | Join Now |
Fictional Thoughts | Join Now |
Bioscope | Join Now |
Add to Cart | Join Now |
Looters Island | Join Now |
Technology For You | Join Now |