A red flag is seen on the land secured by Tesla for its Gigafactory in Shanghai. Photo: Reuters
Hit by trade war, Tesla opens bid process to build China Gigafactory
- At least one contractor has started preparing materials for the plant’s foundations, according to a document on its website
- US$2 billion factory will be electric vehicle maker’s first in China – and the first wholly foreign-owned car plant in the country
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Tesla
A red flag is seen on the land secured by Tesla for its Gigafactory in Shanghai. Photo: Reuters