The new production line is its first overseas, and gives the US electric-car pioneer a solid footing the world's largest car market.
CEO Elon Musk said that the electric car maker plans to cut roughly 3,000 jobs, prompting another sharp dip in share prices. Tesla is struggling in the US as the government rolls back a tax credit for buyers.
The automotive industry is coming under increasing pressure worldwide due to a growing focus on electric mobility, autonomous driving and digital services. Competition from China is also on the rise.
Donald Trump has ramped up his trade dispute with China. Nevertheless, Beijing has a good shot at being able to keep the damage under control. The key is a dynamic middle class, says DW's Frank Sieren.
Despite breaking into the notoriously impenetrable auto industry and building popular electric cars, Tesla and its boss Elon Musk have had a rough ride lately. Is the end nigh for them, or is the dawn about to break?
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