Daily Management Review

Tesla To Explore Shanghai Production While Preliminary Agreement Sets The Initial Stage


06/22/2017


Shanghai and Tesla are conducting preliminary talks to enter into an agreement.



According to Bloomberg’s report, Tesla Inc., the manufacturer of electric cars in the U.S., has arrives at a preliminary stage in an agreement with Shanghai wherein the former seeks to “explore” the production market of the city in China.
 
Moreover, the annual report of Tesla also showed that last year the revenue of the company generated in China had “more than tripled to over $1 billion”. However, the company was not available for immediate reply to “a request for comment”.
 
While, Reuters also added that:
“Tesla's shares were slightly higher at $378.50 in premarket trading.”
 
 
References:
www.reuters.com







Science & Technology

A City Is Can Be Converted To A Living Organism, Showcases China’s Huawei

Workers Would Be Helped To Lift More By These Robotic Vests

British Parliament to assess impact of e-cigarettes

Wind energy will provide 30% of Europe's needs by 2030

A Major Platform For Artificial Intelligence Is Its Mobile Devices: Apple

Rumor: Apple will release a budget version of iPhoneX

With China Set To Dominate, 1 Billion Could Be Using 5G By 2023

Deutsche Telekom unveils next gen 5G mobile antennas in Europe

Diamonds are now the new gold

Expert Body Says Driving In A Driverless Car In An Inebriated Condition Or On Drugs Should Be Legalized

World Politics

World & Politics

Japan demands to lift embargo on food from Fukushima

Bernard Arnault clarifies on Le Monde’s “Paradise Paper” report

South Korea and the U.S. present a united front against the North Korean leadership

Europe is preparing an alternative to NATO

Ten smartest cities in the world

Parties of Germany seek a common ground to create a coalition

Special counsel Robert Mueller’s Russian probe could see its first arrest today

Losing Steam Is North Korea’s Relationship With China – The Former’s Sole Ally