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8/20, 9:33 AM (Source: TeleTrader)
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Tesla's SUV to be made in China from 2021 - report

Tesla Inc. plans to start the production of its Model Y in China by early 2021, the Global Times reported on Thursday, citing a company official. Tesla's SUV will be made at the Shanghai Gigafactory, the report read.

Earlier this month, an article revealed that the automaker is allegedly looking to bolster its international market presence, with a special focus on China, France, and Canada.

The California-based giant saw a 25% drop in monthly registrations in the Asian country in July, a much more gentle decrease than the one recorded in Germany during the same month.

Breaking the News / BU