News Snapshot:
Tesla has confirmed plans to build a new production facility near its current factory in Shanghai’s Lingang New Area, in order to expand production capacity, Reuters reported on Tuesday. According to the report, in a letter addressed to local authorities, Tesla thanked Lingang officials for their support and described how a company run by the Lingang Group had arranged buses to transport 6,000 Tesla workers and its suppliers’ employees to the factory. They also carried out disinfection work needed for the company to enter “closed loop” production. The company will build a new plant on nearby land in the same...
