Tesla, after California, China: the second power plant will be in Shanghai



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The anticipation comes from a local newspaper, the "South China Morning Post": the second plant of Tesla Motors will be manufactured in China, at Shanghai . The number one American company, Elon Musk, had been working on this project for some time, but it is only recently that the Californian company was able to reach an agreement with the Chinese authorities that have until now claimed local businesses. Tesla could thus become the first manufacturer to no longer "depend" on joint ventures after the political decision to exempt from the obligation of cooperation those who produce electric cars.

The operation has not been confirmed yet, but even US sources have agreed at least very closely. At the last meeting of shareholders, the same sales director, Robin Ren enthusiastically described the confrontation with the Chinese directors.

The second Tesla plant is expected to reach a production capacity of half a million cars a year . What is the same goal set for the site in Fremont, California, the only one so far active and so far from the target. With the settlement of Shanghai, Tesla returns to be competitive in China. In recent days, following the Chinese retaliation for duties imposed by the Trump administration on imports, the Californian manufacturer had to adjust the price lists by adding between 19,000 and 30,000 euros to model in the Celestial Empire.

REUTERS

In the photo taken today, Elon Musk leaves the Peace Hotel in Shanghai

According to Musk, who would be in Shanghai today to meet local authorities, the company must have at least a site for each continent where it sells its models. And China is also worth more than a continent: it is the first single market in the world and especially for electric cars. Perhaps at the end of this year in the country, the threshold of million registrations of zero emission cars will be exceeded. Although the Chinese site project is unfolding for some time, the timing looks like a new slap to US President Trump because it encourages companies to invest in a different way. And not necessarily in the United States.

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