Tesla to open new factory in China

drsingh · 12th July 2018, 15:31

This is also a strategic investment.China is the largest source for rare earth metals used in lithium ion batteries. And they have also been buying mines around the world. Makes sense to get into a strategic partnership with people controlling the resources you need .

sri_tesla · 7th January 2019, 09:38

Tesla is breaking ground for its Shanghai factory today. Target is to start initial production by the end of 2019 and volume production next year.

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https://twitter.com/elonmusk/status/1082103637990625281

12th July 2018, 15:31	#16
drsingh BHPian Join Date: Mar 2011 Location: Ludhiana Posts: 781 Thanked: 716 Times	This is also a strategic investment.China is the largest source for rare earth metals used in lithium ion batteries. And they have also been buying mines around the world. Makes sense to get into a strategic partnership with people controlling the resources you need .
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7th January 2019, 09:38	#17
sri_tesla Senior - BHPian Join Date: Apr 2016 Location: Hyderabad Posts: 1,049 Thanked: 6,215 Times	Re: Tesla to open new factory in China Tesla is breaking ground for its Shanghai factory today. Target is to start initial production by the end of 2019 and volume production next year. https://twitter.com/elonmusk/status/1082103637990625281
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