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Old 12th July 2018, 15:31   #16
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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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Old 7th January 2019, 09:38   #17
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Default 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.

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