Tesla May Change Retail Strategy in China, Moving Showrooms to Suburb

According to Tesla China, the Shanghai Gigafactory delivered a total of 399,939 vehicles in the first eight months of the year, just about 80,000 units less than the annual delivery last year.

Tesla disclosed in its second quarter financial results that Shanghai Gigafactory made a record monthly production in June, the last month of second quarter, despite the complete and then partial shutdowns for a majority of time in the quarter. The EV giant showed confidence on Shanghai factory’s future performance as it expected recent equipment upgrades would enable it to further increase the production rate.