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

Europe overtakes US by number of patents for self-driving car technologies

Samsung introduces display technology for folding screens

How retailers use technologies to increase sales

Facebook releases videochat devices Portal and Portal Plus

Smartphone makers will pay for pre-installing Google apps‍

Five loudest data leaks

Airbus announces Moon exploration competition

Former Head Of Google China Thinks Funding In AI Should Be Doubled By US

Germany Introduces The First Ever Train To Run On 100% Hydrogen

Germany Plans On Cyber Security Research To End Reliance On U.S. Tech

World Politics

World & Politics

Brexit Negotiators Of Both Parties Close Down On Irish Border Text, Reports RTE

Bloomberg: Theresa May can face catastrophic defeat in parliament

New Asian Foreign Policy May Be Set By Congress After Democrats Taking Control Of House

Italy refuses to change draft budget

Italy is about to tighten its migration policy

Macron calls to create a pan-European army

Signals Of Mending Of US-China Emerge Before Anticipated G20 Meet

Moscovici: the European Commission may impose sanctions on Italy