Tesla Ups Investment Big Time For Gigafactory 3 In China

By Mark Kane Tesla invests in Chinese subsidiary to build Gigafactory 3
The Chinese Tesla factory in Shanghai announced this summer soon should move to the execution phase, as on September 7 Tesla increased the registered capital of Tesla (Shanghai) Co., Ltd. from 100 million yuan ($16.6 million) to 4.67 billion yuan ($680 million).
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