5 things to know about Tesla’s China plans

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Last month, Musk sent an email to Tesla employees claiming that a disgruntled worker had broken into the company's computer systems and "conducted quite extensive and damaging sabotage to our operations".

Former Tesla employee Martin Tripp has submitted a tip to the Securities and Exchange Commission accusing Tesla of both misleading investors and allowing potential unsafe vehicles to be sold to consumers.

Tesla opened the taps on Model 3 sales this week by dropping the exclusive reservations list it established past year, allowing anyone in the U.S.to order one of the small sedans with a $2,500 deposit.

But the tip filed by Tripp on July 6 - and made public this week by his attorney - contends that Tesla has been grossly overstating its production numbers, perhaps by as much as 44%.

What remains to be known about Tesla's Chinese assembly plant is the price tag. Previously, It was not even possible because of the foreign investment restrictions. With this in mind, this newest batch of Model 3 filings, provided that the cars do get delivered this third quarter, could definitely help Tesla's profitability goals this Q3 2018.

Besides the import tariffs and the shipping costs Tesla effectively sidesteps by breaking ground in China, the EV maker also stands to save money in terms of sourcing, as many raw materials needed to build a Tesla, such as rare earth metals, are mined and processed for manufacture in China.

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Panasonic would be open to working with Tesla in Shanghai, Bloomberg reported. Tripp says it didn't happen. Tesla then sued Martin Tripp, alleging he stole gigabytes worth of data.

It is unclear who those entities are.

GM sold an estimated 184,000 full electric or plug-in hybrid vehicles through June, according to website insideevs.com, which tracks electric vehicle sales.

"Getting the truth out has become a nightmare".

It's not the first time Tesla has been accused of taking steps to challenge critics. After Tripp left the company, Tesla had filed a case against him claiming that he has stolen the confidential information about the company along with several other trade secrets and shared them with other parties; the company also claimed $1 Million, according to the documents filed in the court.

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