News Snapshot:
Tesla has had a vehicle plant up and running in China since 2019 , and now the company has confirmed plans for construction of a second Chinese plant to keep up with strong demand both locally and abroad. Tesla made the confirmation in a letter sent on May 1 to officials in Shanghai’s Lingang Special Area, where Tesla’s existing plant is located. In its letter, Tesla said it will build a new plant with an annual capacity of 450,000 vehicles close to the existing plant, according to Reuters which obtained a copy of the letter. The first vehicles built at...
