Tesla Buys Plot Of Land For Its First Factory In China

The factory will mark Tesla’s first major foothold in China. The electric carmaker has bought an 864,885-square-meter plot in Shanghai’s Lingang area, reports CNBC. The land will eventually house the company’s first Chinese factory. Officials from Lingang announced the deal but declined to say for how much Tesla had purchased the land.Read Full Story

Topics:  china   shanghai s lingang   cnbc   tesla   read full story   lingang   plot   land   factory   
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