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Tesla's China expansion is officially here


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Posted

 

Tesla breaks ground on Shanghai factory which will produce Model 3 EVs for China

 

 

Tesla  CEO Elon Musk has confirmed that the company’s first overseas factory in Shanghai will focus on producing Model 3 vehicles for the Chinese market only.

Musk is currently in China to break ground on the new factory today, which is being developed in partnership with the Shanghai government — an ally that is likely to be incredibly useful. The deal was announced by Tesla in July and it was followed quickly by the opening of Model 3 pre-orders for China-based customers in November.

Initial construction of the Shanghai factory is set to be completed by the summer, according to Musk, who said that he expects production to begin before the end of this year. The facility is aimed at churning out 500,000 EVs a year when it reaches full production, which should happen during next year, all being well.

Update: Tesla has clarified that there is no target date for the factory becoming fully operational. Musk’s tweet, which we took the information from, in fact means “high volume production” not full production.

tesla-china.jpg?w=1390&crop=1

 

https://techcrunch.com/2019/01/07/tesla-shanghai-china-model-3

Posted

oka pakka @TRUMP tatha move to USA ani mottukuntunnadu but what the heck it matters to companies 

Posted
Just now, tacobell fan said:

oka pakka @TRUMP tatha move to USA ani mottukuntunnadu but what the heck it matters to companies 

Stock value oka 1000 ki velle sance undha?

Posted
1 minute ago, Idassamed said:

Stock value oka 1000 ki velle sance undha?

You mean TSLA?

Posted

nuventi uncle eppudu susina tesla news estav...do you own a tesla?..naa laddulo preorders..eedu fulfill seyatla savatla

Posted
2 minutes ago, idibezwada said:

nuventi uncle eppudu susina tesla news estav...do you own a tesla?..naa laddulo preorders..eedu fulfill seyatla savatla

Nuvvu invest chesava TSLA lo?

Posted
Just now, Idassamed said:

Nuvvu invest chesava TSLA lo?

invested long back and cashed out...@3$%

Posted
Just now, idibezwada said:

invested long back and cashed out...@3$%

Nice..

Ippudu aithe Swing Zara pata ki dance esthundi kada stock.

 

 

Posted
2 minutes ago, Idassamed said:

Nice..

Ippudu aithe Swing Zara pata ki dance esthundi kada stock.

 

 

last 2 yrs nunchi alane undi...actually its in similar swings from the beginning...ippudu ekkuva highlight avtundi ante

Posted
Just now, idibezwada said:

last 2 yrs nunchi alane undi...actually its in similar swings from the beginning...ippudu ekkuva highlight avtundi ante

Ippudu konte better antava? Or stay away naa?

Posted
1 minute ago, Idassamed said:

Ippudu konte better antava? Or stay away naa?

stay away...stock market shake avvatam start aite 1st biscut ayyedi ee momentum stocks ee

Posted
1 hour ago, idibezwada said:

nuventi uncle eppudu susina tesla news estav...do you own a tesla?..naa laddulo preorders..eedu fulfill seyatla savatla

Yes but it has nothing to do with it

Posted
1 hour ago, idibezwada said:

naa laddulo preorders..eedu fulfill seyatla savatla

Model 3? 

Posted
41 minutes ago, tacobell fan said:

Model 3? 

yaa uncle...needenti? how was it overall?

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