Tesla Shanghai

Li Qiang, secretary of the Shanghai Municipal Party Committee, held a video conversation this morning with Elon Musk, CEO of Tesla Inc.

Tesla's Shanghai plant seems to be making the necessary preparations for the production of the China-made Model Y, including the use of a new body punching machine to simplify the production process.

Tesla China said today that its global vice president and director level employees will make voluntary salary reductions which are consistent with the US headquarters that see salary reductions of 30% and 20% respectively.

Tesla China launched a series of time-limited financial preferential schemes on April 10 to further reduce the threshold for Chinese consumers to purchase.

Tesla China today released the long-range rear-wheel-drive version of the China-made Model 3, which will be priced at RMB 339,050 ($45,845) after subsidy and has a range of 668 kilometers.

Tesla sold 10,160 cars in China in March, according to data released by the China Passenger Car Association on Thursday.

Tesla has announced a salary reduction plan. However, the salary reduction measures in China will be different, it said.

The work resumption rate of Tesla's Shanghai plant has exceeded 90%, and its production capacity has exceeded the pre-epidemic level, the Shanghai Securities News quoted a person familiar with the matter as saying on Friday.

When Tesla had to close other super factories, its Gigafactory in Shanghai produced 3,000 electric cars per week.

A few days ago, some car owners revealed on the Internet that their China-made Model 3 car computers used older chips.