News Snapshot:
This year, Tesla’s total vehicle deliveries would likely get closer to the 1 million vehicle mark, thanks in no small part to the Model Y and Model 3 ramp in Gigafactory Shanghai and the company’s continued optimization of the Fremont factory. If recent reports from China are any indication, however, it appears that the 1 million vehicle mark could be achieved next year — with just one of Tesla’s electric vehicle production facilities. As noted in recent reports from China, Gigafactory Shanghai recently received a RMB 1.2 billion (about $180 million) investment for the facility’s latest round of expansions. These...
