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Ilon Mask plans to open a large-scale production in China. An entrepreneur and innovator announced Monday at a ceremony near the Chinese city of Shanghai
that Tesla had signed a preliminary agreement with the Shanghai government last year and had disbursed about $ 140 million in October for a plot where, according to forecasts, Bloomberg writes: Gigafabrik 3.
The plant will produce more user-friendly versions of Tesla Model 3 and Y models for Chinese consumers.
The factory, whose prices range from $ 2 billion to $ 5 billion, will allow Mask to avoid tolls on vehicles recently imposed by China as part of the so-called US trade war -chinoise. In October, according to Tesla, duties imposed by China in response to US trade restrictions made Tesla cars subject to a 40% import duty, compared to 15% for other imported cars. in China, recalls Business Insider. The construction can be completed in record time – in the summer of 2019. Mask delivered this speech during a speech.
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