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Tesla planning new Shanghai plant as soon as next month to double its China capacity: report

February 25, 2022
Source: teslarati.com teslarati.com
News Snapshot:
It appears that Tesla might have already decided on the location of its next big factory. Based on recent reports, it appears that Tesla may be looking to build another vehicle production facility in Shanghai — and it could be starting sooner than expected. Citing individuals familiar with the matter, Reuters noted that Tesla is currently looking to work on its new Shanghai plant as early as next month. This should allow the company to more than double its production capacity in China. It should also help Tesla meet the increasing demand for its vehicles in foreign territories. The cost...
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Tags: Berlin | car | CEO | China | construction | data | electric vehicle | Elon Musk | expansion | facility | factory | IT | manufacture | manufacturing | plant | production | quality | report | Reuters | revenue | Shanghai | Tesla | Texas | vehicle

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