https://www.cnet.com/roadshow/news/teslas-chinese-gigafactory-land-has-been-secured/

"Securing this site in Shanghai, Tesla's first Gigafactory outside of the United States, is an important milestone for what will be our next advanced, sustainably developed manufacturing site," said Robin Ren, Tesla's vice president of worldwide sales, in a statement to Reuters.

The Chinese Gigafactory is increasingly essential to Tesla as increased tariffs have made its vehicles less affordable in the world's largest automotive market. Tesla's Fremont factory has also had a difficult job in keeping up with global demand for its electric cars, and a new factory that combines battery pack production and vehicle assembly would likely go a long ways towards alleviating some of that pressure.