Tesla will open a factory in China with production intended to ramp up to match its US factory’s output within two years.
Was this an inevitable offshoring to enter the lucrative Chinese market or the result of Trump’s trade war following the Middle Kingdom’s new 25% tariff on US vehicles?
Meanwhile, the company has finally met production targets on its troubled mass-market Model 3 range. While the ramp-up must be a relief to investors and Musk, can they solve the quality problems?
Image: Tesla Model 3s. Seungho Yang / CC-BY-SA 4.0
This story is taken from the 13 July 2018 edition of The Warren Centre’s Prototype newsletter. Sign up for the Prototype here.