Tesla to start shipping China-made Model 3s to Asian markets in push back to Trump’s plan to win back manufacturing jobs



a store inside of a building: Tesla vehicles are seen on an assembly line at the Gigafactory in Shanghai on January 7, 2020 before they roll out for local market debut. Photo: Xinhua


Tesla vehicles are seen on an assembly line at the Gigafactory in Shanghai on January 7, 2020 before they roll out for local market debut. Photo: Xinhua

Tesla is planning to export its Made-in-China electric cars to Asia-Pacific markets, a move seen as a pushback to President Donald Trump’s efforts to bring back manufacturing jobs to America, analysts said.

The carmaker will ship Model 3s produced at its US$2 billion Gigafactory outside Shanghai to reduce costs and shorten the delivery time to its customers in Singapore, Australia, New Zealand and Europe, Bloomberg reported earlier on Friday, citing people familiar with the decision.

The move suggests Elon Musk will need to ramp up Tesla’s production capacity to meet demand around the region, and stay ahead of a slew of domestic electric-vehicle producers like Nio and Xpeng. These export markets are currently supplied by Tesla’s main factory in Fremont, California.

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ChipMOS to Present at 21st Credit Suisse Asian Technology Conference.

HSINCHU, Sept. 1, 2020 /PRNewswire/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today announced that it will present at the 21st Credit Suisse Asian Technology Conference to be held virtually from Wednesday, September 9 to Friday, September 11, 2020.

Management from the Company, including Jesse Huang, Vice President of Strategy and Investor Relations, will meet virtually with institutional investors to discuss the Company’s recent financial results, business trends and growth opportunities.  The Company’s latest investor update is available on the investor relations’ section of its website at www.chipmos.com.

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu

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