Tesla Inc. publicly apologized to State Grid Corp. of China after one of its employees appeared on a viral video telling a customer that the national grid's overload damaged their electric vehicle.
According to Tesla, it is deeply sorry for the misunderstanding and has resolved the problem and is carrying out tests and investigations.
Tesla claimed that someone edited the video, and the overload was only mentioned as a possibility that might have caused the inverter to burn out.
A customer complained that his new Model 3 car wouldn’t start after a battery charge at one of the state grid's charging stations.
The state grid's Nanchang branch denied the Tesla employee's allegations, saying that their grid is stable without any detected abnormality.
Tesla sold over 120,000 units in China last year, according to local registration data.
China is the world’s biggest EV market with sales expected to surge jump 40 percent this year to 1.8 million units.


Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 



