Wednesday, April 24, 2024

Tesla is laying the groundwork to build cars in Shanghai

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If youve been waiting to pull the trigger on one of Teslas electric vehicles, the upcoming Model 3 probably looks pretty appealing. The car promises 215 miles per charge, ample seating, the tech for autopilot and it starts at just $35,000. Well, unless youre in China — where imported vehicles get slapped with a 25-percent tariff. That fee is potentially disastrous to both customers ability to buy Tesla vehicles in china and the companys bottom line. Thats probably why Elon Musk…
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