Hyperdrive
Elon Musk to Come to Shanghai for Debut of Made-in-China Teslas
- Locally made Model 3 starts selling just as EV demand sputters
- Tesla seeking first-mover advantage as global rivals eye China
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Elon Musk plans to attend a ceremony to mark the first deliveries of made-in-China Tesla Inc. vehicles to customers on Tuesday, according to people familiar with the matter.
Tesla, which is already churning out more than 1,000 Model 3 sedans a week at its plant on the outskirts of Shanghai, handed over a batch of cars to a select group of employees on Dec. 30, but Tuesday marks the first deliveries to the general public. The ceremony is due to start at 3 p.m. local time at Tesla’s first factory outside the U.S., a milestone in Musk’s plans for the company he founded to go global.