Tesla stock rebounds, EV maker announces Shanghai factory Q4 ramp-up
Tesla stock (TSLA) rebounded on Monday along with the broader market as President Trump downplayed his recent tough talk on China. But Tesla is also making some waves in China. As reported by Reuters, Tesla vice president Tao Lin posted on Weibo that Tesla's Shanghai gigafactory began its fourth quarter production ramp-up. Typically, Q4 is Tesla’s biggest quarter in terms of deliveries, and Shanghai is its largest assembly facility by volume, as it supports mainland China and other regions of the world. ...