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Added on the 14/02/2019 07:23:34 - Copyright : Wochit
Images of Tesla chief executive Elon Musk taking his private jet to leave for Shanghai after the Beijing visit during which he has met multiple Chinese government officials. IMAGES
US President Joe Biden warns that NATO faces new challenges in dealing with China and Russia, but vowed to renew Washington's support for its allies at the alliance's summit. SOUNDBITE
On Monday, Tesla's stock hit a record high. The increase comes amid a report from Reuters that Tesla gained approval from China to sell its Model Y SUV in the country. Tesla has built up its manufacturing capabilities in Shanghai to produce the Model Y SUV. The company already sells its Model 3 in the country. Business Insider reports the company sold 13,000 vehicles in the country last month.
Tesla’s issues with faulty production and inconsistent quality extend outside the U.S. market: As first reported by Bloomberg, the automaker is set to recall close to 30,000 of its imported Model S and Model X cars from China, citing problems surrounding the vehicle’s suspension systems. Per a statement from China’s State Administration for Market Regulation—a relatively new and broadly empowered agency with functions similar to the SEC, CFTC, FDA, and USPTO in the United States—Tesla’s Beijing branch issued recalls for 29,193 Model X or Model S cars made between September 17th, 2013 and January 15th, 2018. The vehicles built during that roughly four-and-a-half year window may have rolled off the factory line with major suspension defects.
Beijing, Sep 16 (EFE/EPA).- More than 200 Hanfu enthusiasts wearing traditional Chinese clothing came together for a two-day modelling competition in Beijing, China, last month. (Camera: WU HONG).SHOT LIST: HANFU MODEL COMPETITION AT A SHOPPING MALL IN BEIJING, CHINA.
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