The company has good reason to favor Europe and China right now. Model 3s were shipped to both markets for the first time this quarter. A number of higher-end electric cars from established carmakers in Europe are now hitting the market, and Tesla can’t afford to wait. In China, Tesla must prime the market before it begins building cars there for local consumers, which it plans to do later this year in a factory it’s building outside Shanghai.

Source: Los Angeles Times April 04, 2019 00:26 UTC