Tesla Plans Expansion of Shanghai Factory: Aims to More Than Double Production Capacity in China

Samsung Foundry aims to turn around losses with Tesla's 2nm chip orders for AI and autonomous driving, targeting mass production by 2027. SK Hynix unveils optical interconnect tech to address AI infrastructure bottlenecks, published in Nature Electronics. Both companies will present HBM technologies at Hot Chips 2026, highlighting evolving memory competition.

China's regulators ordered a recall of 3 million Tesla vehicles and 1.3 million other automakers' cars due to safety concerns with electric door handles. The recall follows incidents where passengers and rescuers struggled to open doors during emergencies. Tesla will add warning labels and update software to lower windows in a collision, but concerns remain about 12-volt system failures.

Tesla's stock rose 5.14% to $362.86 after Nevada approved its robotaxi permit, allowing up to 5,000 vehicles. Tesla aims for 2,500 vehicles in a year, with paid services pending further approvals. Analysts' price targets range from $24.86 to $491.

Tesla is recalling 2.98 million vehicles in China, including Models 3, Y, X, and S, due to door handle safety risks, according to China's State Administration for Market Regulation. The recall, the largest this year, follows China's planned ban on hidden door handles, which can hinder escape in emergencies. Industry experts view the recall as a safety-focused step for the EV industry.

Tesla is recalling 2.98 million vehicles in China, including Model 3, Y, S, and X, due to safety concerns with hidden door handles. Chinese regulators are increasing scrutiny of such designs, with a ban planned by 2027. Tesla will address the issue with software updates and warning labels.

Tesla is recalling nearly 3 million vehicles in China, including all models, due to concerns over emergency door release handles. The recall, filed with China's SAMR, will address handles that may be hard to find in a crash. The fix includes a software update and physical warning labels. Additionally, Tesla is recalling 2.74 million vehicles for a driver monitoring update.