News Snapshot:
Tesla has received approval from the Chinese government to register its new Model Y made in China, pointing to the imminent start of production. As we previously reported, Tesla has taken a new vehicle introduction strategy for Model Y. Unlike previous vehicle programs, which were launched in different markets with vehicles imported from Tesla’s Fremont factory in California, Tesla is only introducing Model Y in new markets once the vehicle is being produced there. For the past nine months, Tesla has been expanding Gigafactory Shanghai to prepare for the production of the electric SUV. The plant has more than doubled...
