The third of Tesla's gigafactories is getting attention now. Located in Shanghai, China, it's about to start production of Model 3 and Model Y cars, and electric batteries.
Completion of the plant took just 168 days from start to finish. By the end of this year, Elon Musk predicts, 1000 cars will be rolling out every week. There's a good market in China for electric vehicles (EV's), second only to the U.S.
Tesla was warmly welcomed to China. Their cars are exempted from the general ten percent sales tax on cars, a perk formerly only enjoyed by Chinese manufacturers of EV's. And there's that fast track new factory. "When they want to, they can push things through very quickly."
from Bloomberg
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