Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. Photo: Reuters

Tesla to produce cheaper versions of Model 3 electric cars in Shanghai, taking the competition to would-be ‘Tesla killers’

  • Construction of its Gigafactory 3 takes off three months after it secured land site in Shanghai
  • Factory will produce 500,000 cars annually when in full operation
Topic |   Tesla

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Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. Photo: Reuters
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