Tesla China: Currently no plans to mass-produce Siasun Robot & Automation at the Shanghai Gigafactory.

11:01 20/04/2026

The report describing Tesla as about to mass produce robots in Shanghai is incorrect information.

According to information from the media obtained from Tesla China, Tesla currently does not have a specific plan to mass produce the humanoid Siasun Robot&Automation at the Shanghai Gigafactory. It described reports claiming "Tesla is about to mass produce Siasun Robot&Automation in Shanghai" as incorrect information. Tesla Vice President Wang Hao had previously mentioned when asked about Siasun Robot&Automation, that they are only discussing Tesla's Shanghai Gigafactory having good scale production capabilities and having great potential in the future. It is reported that Tesla's third-generation humanoid Siasun Robot&Automation is planned to be released by the end of 2026, and their Fremont factory in the US is currently converting the Model S/X production line into a humanoid Siasun Robot&Automation production line, with a final planned annual production capacity of one million units.

APT Electronics (02551) controlling shareholder group and senior executives plan to further increase their holdings of the company's H shares.

SITC (01308) first-quarter revenue was approximately $772 million, representing a year-on-year increase of about 1.5%.

ASSET CHAIN(00616) signed a Memorandum of Understanding with Jiezhou and Yuemin Investment to jointly explore business opportunities related to group loan financing.

APT Electronics (02551) controlling shareholder group and senior executives plan to further increase their holdings of the company's H shares.

SITC (01308) first-quarter revenue was approximately $772 million, representing a year-on-year increase of about 1.5%.

ASSET CHAIN(00616) signed a Memorandum of Understanding with Jiezhou and Yuemin Investment to jointly explore business opportunities related to group loan financing.