Musk denies reports of Tesla plans to export its China-made cars to US
Tesla CEO Elon Musk rejects the reports saying that Tesla plans to redirect the export of its China-made electric cars to the United States.
On Friday, Tesla CEO Elon Musk called reports about Tesla's alleged plans to redirect the export of its China-made electric cars to the United States as being “false.”
“False,” Musk said via Twitter in comment on a report by Reuters.
Earlier today, Reuters, citing two people familiar with the matter, reported that Tesla has been considering shipping Model 3 and Model Y from its Chinese factories to the United States if the company’s suppliers in China adhere to the regulations in North America.
The report added that Canada has also been considered as a potential destination.
In May, the newspaper Zhongguo Zhengquan Bao (China Securities Journal) reported that Tesla plans to set up a second plant to expand its production capacities in Shanghai by up to 1 million electric cars per year.
The Tesla plant in Shanghai produced more than 484,000 cars in 2021, which is 235% more than in the year before. Tesla's car turnover in China reached 182,200 vehicles in the first quarter of 2022.
The Shanghai plant is the first production site of Tesla outside the United States. More than half of the electric cars produced there were shipped to Asia and Europe last year. China itself is one of Tesla's key markets.
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