Under the management of Elon Musk, the richest person in the world, who recently bought Twitter, Tesla is at the top of electric cars. So much so that the giant company manages to sell hundreds of thousands of vehicles annually all over the world.
Now, a report shared by Reuters has revealed new information about what the company has planned for the future. In the news based on two people close to the subject, it was stated that the US-based auto giant is considering exporting Chinese-made vehicles to the USA.
It has been claimed that Tesla can sell vehicles made in China in the USA
According to the sources, who did not want to be named, Tesla is considering exporting products produced by China-based suppliers to the USA if it complies with the regulations in North America. This revealed that the company may start selling the Chinese-made Model Y and Model 3 in the country within the next year. Also, one of the sources stated that this could also open a way for exports to Canada.
Tesla’s Shanghai factory is Tesla’s most productive facility, reaching an annual production capacity of 1.1 million electric vehicles after new improvements. Giant factory; It was producing Model 3 and Model Y for different markets including China, Europe, Australia and South East Asia.
Speaking to Reuters, factors such as the cheap yuan against the US dollar, low raw material prices in China, the increase in Tesla and new vehicle prices make exports from China to the US competitive, so such a plan may occur. Until now, Tesla’s strategy has been to manufacture vehicles it sells in the US at factories in Fremont, California and Austin. In addition, we can say that such a move can create controversy, as Tesla is one of the most beneficiaries of the plans offered by the USA to reduce dependence on China.
Elon Musk denied the claim
false
— Elon Musk (@elonmusk) November 11, 2022
After this news emerged, there was no comment from Tesla on the subject. However, in a response he gave on Twitter, Elon Musk denied the allegations without giving any details, using the ‘false’ statements.
Although Musk makes such a statement, it may be a little early to say for sure that the company has no such plans. The famous entrepreneur similarly denied a claim that there would be layoffs on Twitter before. But later this happened and many employees in the company were fired. We will see in the coming days whether the claims of people who spoke to Reuters about Tesla’s plans are true.