Tesla's China factory: Will it ever be built?
by Russ Mitchell, Los Angeles Times
Jul 10, 2018
3 minutes
Elon Musk in 2015 told the Chinese news media that Tesla might begin producing cars at a new China manufacturing plant "within three years."
Three years later, no plant has been built. Construction hasn't even started.
But on Tuesday, Tesla and the municipal government of Shanghai signed a "cooperative agreement" to eventually build a Tesla automobile manufacturing plant in the city's ultra-modern Pudong district, according to a news release from Shanghai's municipal government. Ultimately, the plant would turn out 500,000 vehicles a year, primarily for the China market.
Details of the agreement are scarce.
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