Tesla is close to securing land for its Shanghai factory, report says
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.
Tesla is close to securing land for its Shanghai factory, report says
Oct 10, 2018, 9:50pm UTC
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.