Connect with us
tesla china tesla china

News

The best Chinese EV manufacturer is an American company: Tesla

Photo Credit:摄影师宋威 via Tesla China

Published

on

The best Chinese EV manufacturer right now happens to be owned by an American company, Tesla. Tesla and America have a lot to be proud of.

During Tesla’s Q2 2022 earnings call yesterday, Tesla CEO Elon Musk complimented the Chinese competition but noted that the best Chinese EV manufacturer is Tesla China.

Elon Musk said that he had a lot of respect for China’s EV manufacturers. He also said that the best Chinese EV manufacturer for right now is Tesla China.

“They’re smart, they’re hardworking, and anybody that’s not as competitive as them will suffer a decline.”

Advertisement

“Right now the best Chinese EV manufacturer is actually Tesla China.”

Tesla China & Giga Shanghai Have A Unique History

In 2019, I wrote this article in CleanTechnica highlighting a video by Gali Filche (Hyperchange). Gali pointed out the uniqueness of Tesla’s Gigafactory Shanghai. In his video Gali said,

“Previous until now, every single car sold in China was built by a Chinese automotive manufacturer or built by a joint venture between a foreign auto company and a domestic partner,” says Gali.

“China is literally changing their policies to cater to Tesla to allow them to come into the region. … Why does China want Tesla instead of every other automaker? It’s because they have the tech.”

Advertisement

To spice up the uniqueness, let’s throw in a trade war between the U.S. and China. Gali said,

“As much as people say ‘Tesla is a fraud … how are they going to compete with foreign automakers? … Elon Musk is a horrible CEO he has high executive turnover’ I look at how the company has managed to navigate one of the most complex geopolitical scenarios in modern history and actually turn its incredible friction between its two biggest markets into a massive competitive advantage is brilliant management. It’s brilliant execution by Tesla, and it’s a reason why I love to be invested in this company,”

The fact that Tesla, an American company, is the leading EV manufacturer in China, a country that is leading the manufacturing of EVs, says a lot about Tesla’s innovation.

China Will Continue To Lead If Biden Continues To Put Politics Over EVs

President Biden has said time and again that China is leading the electric vehicle race. He’s also placed his focus on Ford, GM, and a few other automakers that have had nothing to do with electrifying the automotive industry.

Advertisement

Not only did he and his administration outwardly snub Tesla and Elon Musk, but the president seemed to put the needs of his political allies above those of his own goals regarding EVs. I’m referring to the United Auto Workers Union EV event that was held at the White House last year. According to the White House, Tesla was excluded because this was a union event.

When asked why the White House excluded Tesla from the event, Secretary Psaki said,

“We, of course, welcome the efforts of all automakers who recognize the potential of an electric vehicle future and support efforts that will help reach the president’s goal, and certainly, Tesla is one of those companies. Today, it’s the three largest employers of the United Auto Workers and the UAW president who will stand with President Biden as he announces his ambitious new target, but I would not expect this is the last time we talk about clean cars, the move toward electric vehicles, and we look forward to having a range of partners in that effort.”

When asked about Tesla being a non-union company, she said that these are the three largest employers of the United Auto Workers.

Advertisement

“Well, these are the three largest employers of the United Auto Workers, so I’ll let you draw your own conclusion.”

President Biden has then since acknowledged Tesla’s leadership in the EV space but the administration is still favoring the automakers who aren’t doing as much as Tesla in this space.

Politricks Aside, Tesla Continues To Lead

Tesla is continuing to lead as it pushes forward in its mission. Recently, there were at least 7,000 Tesla EVs spotted at Shanghai’s Luchao port. Tesla also announced in its Q2 2022 Shareholder Deck that Giga Shanghai is listed with an annual capacity of over 750,000 cars.

I’m sure that in Q3 we will see the results of Giga Texas, Giga Berlin the Fremont factory, and Giga Shanghai combined.

Advertisement

Disclaimer: Johnna is a partial Tesla shareholder with under 1 share currently. She plans on buying more and supports Tesla and its mission. 

If you have a tip, feel free to send them to johnna@teslarati.com

 

Advertisement

Johnna Crider is a Baton Rouge writer covering Tesla, Elon Musk, EVs, and clean energy & supports Tesla's mission. Johnna also interviewed Elon Musk and you can listen here

Advertisement
Comments

News

Tesla Model Y becomes first-ever car to reach legendary milestone

Published

on

Credit: Tesla Manufacturing

The Tesla Model Y became the first-ever car to reach a legendary Norwegian milestone, surpassing 100,000 new registrations after gaining a reputation as one of the most popular vehicles in the country and the world.

As of May 20, Norwegian authorities have registered 100,224 units of the electric SUV, according to data from local outlet Opplysningsrådet for veitrafikken (OFV).

By population, roughly one in every 29 passenger cars on Norwegian roads is now a Model Y, underscoring its rapid rise as a national favorite.

Since the first deliveries in August 2021, the Model Y has transformed from a newcomer to a staple in Norwegian traffic.

Advertisement

Tesla back on top as Norway’s EV market surges to 98% share in February

Geir Inge Stokke, the Managing Director of OFV, described the achievement as “remarkable,” noting that few single models have gained such traction so quickly. “Tesla Model Y has hit the Norwegian market spot on, and the numbers illustrate how fast the EV market has developed here,” Stokke said.

The Model Y’s success reflects Norway’s aggressive push toward electrification. Nearly nine out of ten units, 87.6 percent, to be exact, are privately registered, with the remaining 12.4 percent on company plates. Owners span the country, from major cities to smaller municipalities, proving it is no longer just an urban or niche vehicle but a true “people’s car.

Who is Buying Tesla Model Ys in Norway?

Typical Model Y drivers are men in their early 40s. The average registered user age is 44, with 83 percent male and 17 percent female. Stokke noted that household usage often extends beyond the primary registrant, broadening the vehicle’s real-world appeal.

Advertisement

Geographically, adoption concentrates in urban centers with strong charging infrastructure. Oslo leads with 16,861 registrations (16.82 percent of the national total), followed by Bergen (7,450), Bærum (4,313), and Trondheim (4,240).

The top five municipalities—Oslo, Bergen, Bærum, Trondheim, and Asker—account for 35,463 units, or about 35 percent of all Model Ys. Yet the vehicle’s presence outside big cities highlights its broad acceptance.

Growth Trajectory and Popularity

Tesla built a lot of sales momentum in a short amount of time. In 2021, registrations closed out at 8,267, but more than doubled to more than 17,000 units in 2022 and more than 23,000 units in 2023. 2025 was the company’s strongest year yet, as Tesla managed to record 27,621 registrations.

Through 2026, Tesla already has 7,036 registrations.

Advertisement

Tesla’s Global Success with the Model Y

Tesla has tasted so much success with the Model Y; it has been the best-selling car in the world three times, it has dominated EV sales in numerous countries, and contributed to a mass adoption of electric vehicles across the planet.

As Stokke emphasized, the Model Y’s journey from newcomer to icon mirrors Norway’s broader success story. With robust incentives that push sales, excellent infrastructure, and consumer eagerness to transition to sustainable powertrains, the country continues setting global benchmarks in sustainable mobility.

The Tesla Model Y stands as a shining example of how quickly change can happen when conditions align.

Advertisement
Continue Reading

News

SpaceX reveals what Anthropic will pay for massive compute deal

Published

on

Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)
Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)

SpaceX has disclosed the full financial details of its groundbreaking agreement with Anthropic, confirming that the AI company will pay $1.25 billion per month for dedicated high-performance computing resources.

The revelation came through SpaceX’s latest securities filing in preparation for its initial public offering, shedding light on one of the largest compute deals in the artificial intelligence sector to date. The prospectus was released last night, as SpaceX is heading toward its IPO.

This arrangement underscores the fierce demand for specialized infrastructure as frontier AI models require unprecedented levels of processing power to train and operate effectively. Industry analysts see the disclosure as a significant milestone, highlighting how top AI labs are locking in massive capacity to stay ahead in a rapidly accelerating field.

For SpaceX, it feels like a massive move that pushes its perception as a company from space exploration to artificial intelligence.

Advertisement

SpaceX is following in Tesla’s footsteps in a way nobody expected

The comprehensive deal grants Anthropic exclusive access to SpaceX’s Colossus clusters, encompassing Colossus I and the substantially expanded Colossus II, which together deliver hundreds of megawatts of power along with more than 200,000 NVIDIA GPUs.

Payments extend through May 2029, totaling nearly $45 billion overall; capacity is scheduled to ramp up during May and June 2026 at an initial discounted rate to facilitate seamless integration. Both companies retain the option to terminate the agreement with ninety days’ notice, so there is definitely some flexibility for both.

This pact not only enhances Anthropic’s ability to scale usage limits for Claude users but also injects substantial recurring revenue into SpaceX, bolstering its expansion into advanced data center operations and future orbital computing initiatives.

Advertisement

Observers describe the collaboration between the two companies as strategically advantageous because it gives Anthropic cutting-edge AI development the opportunity to collaborate with SpaceX’s expertise in rapid, large-scale infrastructure deployment.

This disclosure arrives at a pivotal moment when computing resources have become the primary bottleneck for AI progress.

As leading organizations compete to build more powerful systems, securing reliable, high-density facilities has emerged as a key differentiator.

SpaceX’s sites, such as those in Memphis, offer superior power availability and advanced cooling solutions that set them apart from conventional providers. For Anthropic, the added capacity is expected to deliver tangible improvements, including extended context windows, quicker inference times, and innovative features that appeal to both enterprise clients and individual users.

Advertisement

Looking ahead, the partnership paves the way for ambitious joint projects, including potential space-based AI compute platforms designed to overcome terrestrial limitations on energy and thermal management. Such efforts could redefine sustainable computing at massive scales.

Financially, the deal solidifies SpaceX’s diverse revenue profile ahead of its public market debut, extending beyond traditional aerospace activities. The massive check SpaceX will cash each month opens up the idea that additional

While some experts question the sustainability of these enormous expenditures given ongoing efficiency gains in AI architectures, the commitment reflects a strong belief in sustained demand growth.

The agreement also exemplifies productive synergies across sectors, with aerospace engineering insights optimizing AI hardware performance. As global attention on technology concentration increases, arrangements of this nature may help shape equitable access to critical resources.

Advertisement
Continue Reading

Elon Musk

SpaceX just filed for the IPO everyone was waiting for

SpaceX filed its public S-1, revealing $18.7 billion in revenue and billions in losses.

Published

on

By

SpaceX-Ax-4-mission-iss-launch-date

SpaceX publicly filed its S-1 registration statement with the Securities and Exchange Commission on May 20, 2026, making its financial details available to the public for the first time ahead of what could be the largest IPO in history.

An S-1 is the formal document a company must submit to the SEC before going public. It includes audited financials, risk factors, business descriptions, and how the company plans to use the money it raises. Companies are required to file one before selling shares to the public, and it must be published at least 15 days before the investor roadshow begins. SpaceX had already submitted a confidential draft to the SEC in April, which allowed regulators to review the filing privately before it went public.

The S-1 reveals that SpaceX generated $18.7 billion in consolidated revenue in 2025, driven largely by its Starlink satellite internet division, which posted $11.4 billion in revenue, growing nearly 50% year over year. Despite that growth, the company lost about $4.9 billion in 2025 and has burned through more than $37 billion since its founding.

SpaceX just forced Verizon, AT&T and T-Mobile to team up for the first time in history

Advertisement

A significant portion of those losses trace back to xAI, Elon Musk’s artificial intelligence company, which was recently merged into SpaceX. SpaceX directed roughly 60% of its capital spending in 2025 to its AI division, totaling around $20 billion, yet that division lost billions and grew revenue by only about 22%.

SpaceX plans to list its Class A common stock on Nasdaq under the ticker SPCX, with Goldman Sachs, Morgan Stanley, and Bank of America leading the offering. The dual-class share structure means going public will not meaningfully reduce Musk’s control, as Class B shares he holds carry 10 votes per share compared to one vote for public Class A shares.

The company is targeting a raise of around $75 billion at a valuation of roughly $1.75 trillion, which would make it the largest IPO ever. The investor roadshow is reportedly planned for June 5.

Advertisement
Continue Reading