For the month of November, Tesla China sold 52,859 made-in-China vehicles, according to the China Passenger Car Association (CPCA). This includes the export sales of 21,127 vehicles. Before getting into those numbers, I want to go back a few more months — to June — when many major media outlets … [continued]
Tesla will buy more cobalt from Swiss mining company Glencore to use in both Giga Berlin and Giga Shanghai, according to fresh reporting. This provides a boost to Glencore, which faced a bit of a slide over the past two years as the price of cobalt has dropped.
Why is the Tesla/ Shanghai relationship so important?
For Tesla it’s all about vertical integration. Anything that doesn’t meet Tesla’s stringent quality standards, they bring in house. It’s why a lot of Tesla’s hardware nearly meets or exceeds military standards without the usual increase in price. We knew this day was coming last April when we spoke to … [continued]
