Tesla reveals plans for a new factory in Shanghai at shareholder meeting
https://www.cnbc.com/2018/06/05/tesla-talks-shanghai-factory-at-shareholder-meeting.html
At a shareholder meeting on Tuesday, Tesla's head of worldwide sales, Robin Ren, revealed that the company plans to build its first factory outside of the U.S. in Shanghai.
The Chinese government recently announced that it will allow foreign electric vehicle makers to fully own auto-factories there. Tesla's move into China is hotly anticipated, as building some vehicles there would allow the company to avoid import tariffs.