ASML’s EUV Monopoly Powers the Global AI Chip Boom 
Micron to Expand Memory Chip Manufacturing Capacity in Singapore Amid Global Shortage 
Rewardy Wallet and 1inch Collaborate to Simplify Multi-Chain DeFi Swaps with Native Token Gas Payments 
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates 
Baidu Shares Surge After Official Launch of Advanced Ernie 5.0 AI Model 
LVMH Investors Watch Earnings Closely as Luxury Recovery Faces New Challenges 
The Maire - EuroChem Case: Three Lessons for Global Business 
Nintendo Stock Jumps as Switch 2 Becomes Best-Selling Console in the U.S. in 2025 
Rewardy Wallet Integrates 1inch Swap API to Enable Gasless, Optimized Token Swaps 
Alibaba-Backed Moonshot AI Unveils Kimi K2.5 to Challenge China’s AI Rivals 
BYD and Exxon Mobil Strengthen Hybrid Technology Partnership 
ASML’s EUV Lithography Machines Power Europe’s Most Valuable Tech Company 
Memory Chip Shortage Drives Higher Gadget Prices and Weakens Global Tech Demand 
SoftBank Shares Surge as AI Optimism Lifts Asian Tech Stocks 
ANTA Sports to Acquire Major Stake in Puma in €1.5 Billion Deal, Signaling Strategic Revival 
Anthropic Raises 2026 Revenue Outlook by 20% but Delays Path to Profitability 
Elon Musk Shares Bold Vision for AI, Robots, and Space at Davos 
Tesla’s Gigafactory in Shanghai recorded its second-highest monthly sales in August, delivering 86,697 Model 3 and Model Y vehicles. This marks the highest output for Tesla China since March and reflects strong demand domestically and internationally, bolstered by zero-interest loan offers.
Tesla’s Shanghai Gigafactory Achieves Second-Highest Monthly Sales in August, Delivering 86,697 Units
In August, Tesla's Gigafactory in China achieved its highest monthly delivery in several months. The Model 3 and Model Y units manufactured at the facility reached their sales levels after two months in the quarter since 2022, per Teslarati.
Roland Pircher, an X user, observed on September 2 that Tesla's Giga Shanghai achieved its highest monthly output since March in August, selling 86,697 Model 3 and Y units domestically and in markets other than China. The result is the second-highest ever and the highest Tesla China has experienced in the first two months of Q3, dating back to the fourth quarter of 2022. This coincides with the high registration numbers observed in the Chinese market recently.
The announcement follows Tesla's successes in China in recent months with zero-interest loan offers for both the Model 3 and Model Y. Tesla also discreetly extended the loan offers through the end of the third quarter last week, which could indicate the progress of deliveries in the upcoming weeks.
Tesla Reportedly Plans Seven-Seat Model Y Production in Shanghai, with Major Redesign Expected in 2025
A local media report from last week indicated that Tesla may be considering producing a seven-seat Model Y at Giga Shanghai in October. The automaker exclusively manufactures a five-seat version of its electric SUV, regardless of whether it is manufactured in Germany or the United States.
It is also widely anticipated that Tesla will introduce a revised Model Y design, designated Juniper, in early 2025. The refreshed Model Y is expected to feature fundamental interior and exterior redesigns and fewer parts to make it slightly more cost-effective to produce, similar to the subtle redesign and simplification of the Model 3, which was released last year in Asian and European markets and this year in North America.
In recent months, the Tesla Model Y Juniper has been observed in testing. However, Elon Musk has consistently stated that no refreshed SUV version will be released this year.
