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Tesla has begun the construction process for its second ‘Gigafactory’ in China after President Trump’s trade war hurt its foreign sales – Business Insider

Tesla has begun the construction process for its second ‘Gigafactory’ in China after President Trump’s trade war hurt its foreign sales
Business Insider

Tesla has begun the bidding and construction processes for its first Chinese factory, according to documents seen by Reuters. Shanghai Mayor Ying Yong said Wednesday that preparation work is nearly complete, with other residents adding that exterior fencing looks nearly complete. The factory could help Tesla’s foreign sales, which plunged after China raised tariffs on US-built cars thanks to President Donald Trump’s ongoing trade war. SHANGHAI (Reuters) – Tesla Inc has opened a tender process to Read the full story

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