Tesla (TSLA) Elon Musk to Start Shipping Out Cars Made at Shanghai Gigafactory

The Tesla Inc. Gigafactory stands in Shanghai. Photographer: Qilai Shen/Bloomberg Photographer: Qilai Shen/Bloomberg Tesla Inc. plans to ship cars made at its Shanghai Gigafactory to other markets in Asia and Europe, according to people familiar with the matter. China-built Tesla Model 3s intended for delivery outside the country will likely start mass production in the fourth quarter, the people said, asking not to be identified because the details are private. They said the markets targeted include Singapore, Australia, New Zealand, as well as Europe, where customers currently have to wait for a Tesla to be delivered from the U.S. Shipments…