https://www.cnbc.com/2018/10/10/tesla-is-close-to-securing-land-for-its-shanghai-factory.html

Tesla is moving toward securing a $145 million plot of land for its planned factory in Shanghai, China, Bloomberg reported Wednesday, citing unnamed sources.

The automaker is the sole bidder on the plot of land, and the Shanghai government could award the deal to Tesla as soon as this month, the report said. Tesla intends to build a factory there capable of making 500,000 cars a year.