News Snapshot:
Tesla has released new pictures of the Model Y factory at Shanghai Gigafactory ahead of the start of production. The start of Model Y production in Shanghai is considered critical to Tesla’s growth. There’s no doubt that the Chinese market has become extremely important to automaker and Tesla has taken full advantage of it by becoming the first foreign automaker to have a wholly-owned factory in the country. Tesla started by producing the Model 3 at its Gigafactory in Shanghai, but Model Y is expected to have even higher demand in China. The Model Y is going to compete with...
