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Tesla To Invest/Expand Giga Shanghai: 1M Annual Production Goal

News Snapshot:

© InsideEVs Tesla Giga Shanghai: Exterior (Tesla Q4 2021 report) Tesla's Gigafactory in China is already producing far beyond guidance, and now Tesla will expand yet again. Not only is Tesla on the verge of opening two brand-new electric car factories in the near future – one in Texas and another in Germany – but it's also continuously improving and expanding its existing properties. Tesla's latest reported investment to expand its Gigafactory in China comes just a few months after a similar investment. In November 2021, Tesla announced a $200 million investment to expand Giga Shanghai and hire 4,000 new…

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