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Tag Archives: Musk breaks ground on Tesla Shanghai plant

Sidestepping trade war, Musk breaks ground on Tesla Shanghai plant


January 7, 2019

Tesla boss Elon Musk presided Monday over the ground-breaking for a Shanghai factory that will allow the electric-car manufacturer to dodge the China-US tariff crossfire and sell directly to the world´s biggest market for “green” vehicles. The plant in a Shanghai suburb is Musk´s biggest overseas move yet and will eventually have an annual production capacity of 500,000 vehicles, Tesla …

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