Elon Musk Plans to Launch Design and Research Center in China

Elon Musk Plans to Launch Design and Research Center in China

U.S. electric automotive manufacturer Tesla plans to open a design and research middle in China to make “Chinese-fashion” autos, the company stated in a recruitment notice on its official WeChat account.

Wednesday’s notice sought to recruit designers and different staff to assist fulfill the objective, and called for purposes by February 1; however, it didn’t identify the center’s location.

It was not instantly clear when the center may start operations.

“In order to achieve a shift of ‘Made in China’ to ‘Designed in China’, Tesla’s CEO Elon Musk has proposed a very cool factor – set up a design and research facility in China,” it read.

Tesla’s first factory outside the U.S. is in the jap metropolis of Shanghai, and it began delivering China-made Model 3 automobiles this month.

Last week, Musk released a Model Y electric sports utility vehicle (e-SUV) program at the $2 billion manufacturing facility, with an on-stage dance that raised an online storm.

That was also the week that Tesla’s inventory market worth hit virtually $89 billion, eclipsing the sum of General Motors’ (GM) and Ford’s values for the first time.

The stock move was fed by a surprise third-quarter profit, progress at the new China manufacturing facility, and higher-than-anticipated fourth-quarter deliveries.

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