Write For Us

Elon Musk Just Pulled A Miracle For Tesla! No One Is Talking About It!

E-Commerce Solutions SEO Solutions Marketing Solutions
132 Views
Published
Over this past weekend Elon Musk pulled a miracle for Tesla that one is talking about! Well here today I will tell you abut the great miracle Elon Musk pulled off for Tesla over this past weekend.
If you didn't already know Tesla is building ma massive factory in China called the Tesla shanghai gigafactory or Tesla gigafactory 3. This is amazing because this is the first Tesla factory outside of the US but not only that, it is also the first non JV factory for any US auto company in Japan.
The Tesla Shanghai gigafactory will be used for production of Tesla model 3s, Tesla Model Ys and that is it. The Tesla model 3 in China should be a great seller. China wants to move away from internal combustion engines and focus on electric vehicles. Tesla is obviously the biggest electric vehicle EV maker in the world. It is a match made in heaven especially with Elon Musks charming personality and the fact that Tencent (a huge Chinese conglomerate) owns 5% of Tesla stock.
Now over the weekend Elon Musk and Tesla got a 10% tax break from the Chinese government on sales of the Model 3, Model Y and other Teslas made in China. This is massive for Tesla. Not sure how Elon Musk pulled this off with the bad USA and China trade tensions but he did. This will make Tesla $1,000s of dollars cheaper. Phenomenal news for Tesla, Tesla stock and Elon Musk!
Free PDF for the top 5 stock market apps and websites I use daily!
Becoming Master of the Stock Market full course
*My Instagram is : FinancialEducationJeremy
Link to join my private stock group
Financial Education
Category
Business
Sign in or sign up to post comments.
Be the first to comment