https://www.reuters.com/article/us-tesla-results-debt/tesla-will-tap-local-debt-to-fund-2-billion-shanghai-gigafactory-musk-idUSKBN1KM6BI

Tesla Inc said on Wednesday that it would raise capital from Asian debt markets to fund the construction of its third "Gigafactory," which will be located in Shanghai and cost an approximate $2 billion.