News Snapshot:
Tesla’s China operation has begun delivering the Model Y to Europe, the first time it has exported the electric sport-utility vehicle (SUV) made at its Shanghai plant to customers outside the country. The Gigafactory 3 in the Lingang free-trade zone shipped 8,210 Model Ys to Europe in July, the company said in a statement on Monday. Tesla recently said the plant has become its main vehicle export hub. “It goes without saying that the Shanghai Gigafactory is playing a strategic role in Tesla’s global layout,” said Tesla in the statement. The shipments confirm speculation earlier this year that the American...
