By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > Markets > Stocks > Tesla signs lease to open vast sales and service centre in Shanghai industrial park
Stocks

Tesla signs lease to open vast sales and service centre in Shanghai industrial park

News Room
Last updated: 2023/10/08 at 5:58 PM
By News Room
Share
1 Min Read
SHARE

© Reuters. FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo

SHANGHAI (Reuters) – Tesla (NASDAQ:) has signed a leasing contract with Shanghai Waigaoqiao Free Trade Zone Group to open a massive sales and service centre in an industrial park in the city, its biggest one in China, the government-owned company said.

The Tesla store, with a size of 8,000 square metres, or 861,000 square feet, will open in mid-2024 in Xin Park, under development in Shanghai’s Pudong district, according to a statement on the Chinese company’s official Wechat account on Saturday.

Tesla did not immediately respond to a request for comment.

The company, the world’s biggest electric car manufacturer, has nearly 300 stores across China. Reuters reported last year that it was considering closing some showrooms in flashy malls in cities like Beijing.

It also plans to put more emphasis on stores in less-costly suburban locations that can also provide repairs as the company works to meet Chief Executive Elon Musk’s goal of improving service for customers, the Reuters report said.

Read the full article here

News Room October 8, 2023 October 8, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Stock Trader’s Almanac editor on year-end rally and 2026, Strategy CEO’s bitcoin investing outlook

Watch full video on YouTube

Inside Intel’s new Arizona fab, where the chipmaker’s fate hangs in the balance

Watch full video on YouTube

AI: Short Circuit? | Seeking Alpha

Fiduciary Management, Inc. (“FMI”), founded in 1980, is an independent money management…

Trump says ‘help is on its way’ for Iranian protesters

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Why retirees are finally taking crypto seriously

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

Stocks

Playa Hotels & Resorts (NASDAQ:PLYA) Delivers Strong Q4 Numbers By Stock Story

By News Room
Stocks

ON24 (NYSE:ONTF) Posts Better-Than-Expected Sales In Q4 By Stock Story

By News Room
Stocks

Evolent Health shares leap on Q4 earnings beat and upbeat guidance By Investing.com

By News Room
Stocks

Chuy’s (NASDAQ:CHUY) Reports Q4 In Line With Expectations But Stock Drops

By News Room
Stocks

Red River Bancshares raises dividend to $0.09 per share

By News Room
Stocks

Ecolab appoints Microsoft executive to board

By News Room
Stocks

Semilux secures $50 million equity deal with White Lion Capital

By News Room
Stocks

US government debt trajectory to push long-term yields higher, says PIMCO

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?