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Tesla: Elon Musk’s company closes its first auto show in China

  • November 3, 2022
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Against the backdrop of positive results obtained Teslaone of the successful companies in Elon Musk, mainly in the Chinese market, some investments will need to be restructured in

Tesla: Elon Musk’s company closes its first auto show in China

Against the backdrop of positive results obtained Teslaone of the successful companies in Elon Musk, mainly in the Chinese market, some investments will need to be restructured in order to optimize the commercial strategy in the country. The company announced the closure of its hitherto main showroom in Chinalocated in the mall Parkview Green, in Beijing🇧🇷 The purpose of the change is to reduce retail costs in the region.

The company announced the closure of its China showroom located at Parkview Green Mall in Beijing.

Information confirmed Reuters last Wednesday, November 2nd. The resources installed in the store have been redistributed to another mall: Raffles City. The new showroom opened last month and is significantly smaller than the previous one, which featured a more robust structure on two floors.

Opened in 2013the store was one of the big investments Elon Musk in the country, the first China🇧🇷 Subsequently, in 2018, it was renovated and expanded, having worked at full capacity until the complete closure.

The windows of this place are now hung with posters of the following owner: BAPEa popular streetwear brand in the region.

Tesla and the results achieved in the Chinese market

Sales of Chinese-made cars tripled in August, which is just one of Musk’s hits in the region. Recently, we had to overcome the difficulties of strict quarantines. Even with restrictions in just a month, the manufacturer exported 42,463 vehicles (Model 3 and Model Y).

In just one month, the manufacturer exported 42,463 vehicles (Model 3 and Model Y).

more than 1 million cars in the factory known as Giga Shanghai alone., consolidating the strategies adopted by all Tesla members. Regardless of showroom closures, the financial returns generated in a country are fundamental to commercial strategies around the world.


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Tesla to clear almost 70 hectares of forest in Germany for plant construction

Tesla to clear almost 70 hectares of forest in Germany for plant construction
The expansion of the German gigafactory, although controversial, respects environmental protection measures.

Source: Forbes, Reuters.

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Source: Mundo Conectado

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