Dark Mode
Blogs
Tesla has opened its first store in South America, located in Santiago, Chile. The move comes as Tesla faces a slowdown in electric vehicle (EV) demand globally and increased competition from Chinese rivals. While Tesla already has retail outlets in Mexico, this marks its entry into the South American market. Chile aims to sell only electric vehicles by 2035, although EV adoption is currently low in Latin America due to concerns about high prices and limited charging infrastructure. At the launch event, Tesla showcased its popular Model Y and Model 3 vehicles, attracting enthusiasts interested in the brand’s advanced features. The company registered its business in Chile in September, covering various activities related to vehicles, especially electric ones, as well as energy and electricity generation and supply. Despite Chile’s significant lithium reserves, a crucial component for EV batteries, Tesla has not disclosed detailed plans for its operations in the country. Elon Musk has recently expressed concerns about a sales growth slowdown for Tesla, citing industry-wide softening demand and increasing competition from Chinese EV manufacturers like BYD.
Did you like this article?
Did you like this article?
One of the most recognizable voices in soccer is heading to Netflix. Argentine-American broadcaster Andrés Cantor, famous around the world for his legendary extended “GOOOOL!†call, is joining Netflix’s broadcast team for the 2027 FIFA Women’s World Cup in Brazil....
One of the most important surviving visual records of Aztec history has returned to Mexico for the first time in nearly two centuries. The Codex Azcatitlan, a rare manuscript documenting the history of the Mexica people, is now on display at Mexico City’s National...
Two of Colombia’s biggest global music stars are back together. Shakira and Maluma have reunited for their new single “Agua,†marking their first collaboration in eight years and bringing back a musical partnership responsible for some of the biggest Latin hits of the...
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Toronto’s Latin music calendar keeps getting better. Colombian group Monsieur Periné is coming to the city this Monday, September 21, bringing their Instrucciones Para Ser Feliz Tour to Monsieur...
Toronto’s Entertainment District got an extra dose of Mexican star power during TIFF as the cast of Hombre al agua celebrated the film’s Toronto International Film Festival premiere with a night out...
Could Toronto Pearson Go Private? Canada Wants Investors to Help Run Its Biggest Airports One of Canada's biggest airports could soon be run very differently. Prime Minister Mark Carney announced...
0 Comments