Tesla Tests the Mold With Shanghai Supply Chain Innovation — Panjiva


Tesla Tests the Mold With Shanghai Supply Chain Innovation

China 1793 Cons. Discr. - Autos 676 Earnings 371

Electric vehicle manufacturer Tesla may receive permission to build a factory in Shanghai’s free trade zone without a local partner. If confirmed that would be a first in the autos sector, but may not obviate the need for Tesla to pay tariffs of 25% once the vehicles leave the FTZ. China is one of Tesla’s fastest growing overseas markets. Panjiva data shows imports by Tesla Beijing in the quarter to August 31 (approximating 3Q sales) rose 22% sequentially to $432 million, whereas group revenues are expected to rise by just 5%. The challenge will be extending Tesla’s supply chain. If it b...

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