Tesla Delivers First China-Built Cars

Tesla's first manufacturing plant outside the U.S. in China is symbolic, marking rapid progress in the Chinese market. The plant is already producing 1,000 cars weekly, with plans to increase to 3,000. Tesla has strong ties with the Chinese government, securing tax exemptions. However, challenges include a crowded EV market, localization delays, and economic slowdown. Despite these, demand for Tesla remains strong, with registrations increasing significantly.

What is the symbolic importance of Tesla's Gigafactory in China?

• It is the first wholly foreign-owned car plant in China.

• It is Tesla's first plant in Europe.

• It is the largest car plant in the world.

• It produces only electric trucks.

Which local competitors are mentioned as challenges for Tesla in China?

• X Peng and Neo

• Toyota and Honda

• Hyundai and Kia

• Ford and Chevrolet

What is one of the challenges Tesla faces with its suppliers in China?

• High import taxes

• Excessive government regulations

• Slow localization of suppliers

• Lack of raw materials

How has the economic slowdown in China affected the electric vehicle market?

• More foreign investments

• Slowing EV sales

• Higher demand for luxury vehicles

• Increased government subsidies

What was the increase in new car registrations for Tesla in November?

• 10 fold

• 14 fold

• 20 fold

• 5 fold