Musk Promises Flying Cars While Cutting Tesla Production Models

12 January, 2019, 09:10 | Author: Brooke Harris
  • Larry Ellison Invests $1B In Tesla

The pair met on Wednesday at the Purple Light Pavilion at Zhongnanhai, the office complex of China's top government officials.

Tesla will be dropping the entry-level versions of the Model S and Model X from January 14, the company's CEO has confirmed via Twitter - as usual. The plant will be the first wholly foreign-owned auto factory in the country. "I love China very much and I am willing to come here more", Musk told him. Earlier this week, Musk laid the foundation of a Tesla Gigafactory in Shanghai - the first-ever outside the United States - that is expected to produce 500,000 electric vehicles per year and double the production capacity of Tesla. Li said he welcomed greater cooperation with companies from around the world.

Tesla declined to comment on the offer.

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Tesla will strive to build the Shanghai factory into one of the most advanced factories in the world, and will localize the products according to the needs of the Chinese market to better achieve mutual benefit and win-win results, according to Musk.

If Musk were to obtain one, he would join the ranks of esteemed figures such 2016 Nobel-Prize winning chemist Bernard Feringa, and former National Basketball Association all-star (and CBA legend) Stephon Marbury. In contrast, more than 1 million people were granted permanent residency in the U.S. during 2017.

Popular YouTube tech reviewer and Tesla owner Marques Brownlee (known by his YouTube handle of MKBHD) replied to Musk's tweet saying that he feels as if Musk wasn't joking in his initial tweet and actually believes that Tesla Roadsters will be flying in 2022. Tesla is taking steps to start Model 3 production in China. The China Passenger Car Association reported that sales fell to 22.7 million units past year, a decrease of 6 percent.

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