According to reports, Tesla plans to start construction of a new factory in Shanghai as soon as next month. This factory will increase its annual production capacity in Shanghai to 2 million vehicles. Once the new factory is fully operational, Tesla will be able to produce as many as 2 million vehicles a year. Presently, the Tesla Shanghai plant is the company’s main global export hub. The new factory will allegedly be located near its existing production base in Lingang, Pudong New Area. As of now, there is no official comment from Tesla regarding this new factory. If the expansion...