Tesla shares rise on reports carmaker planning massive China factory
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Tesla shares rise on reports carmaker planning massive China factory
Telsa is planning to build large new plant in China, Bloomberg News reported Tuesday.
Bloomberg said the company is due to sign a memorandum of understanding on the factory with “local entities” in Shanghai, according to its sources. The plant will have a capacity to make 500,000 vehicles per year, the media outlet reported.
Shares of Tesla rose 2.6 percent in Tuesday’s premarket session after the report.
Reuters later cited a local media report that said Tesla signed agreements with the Shanghai municipal government, Shanghai Lingang Area Development Administration and Lingang Group to allow it to open the factory.
Bloomberg said the company is due to sign a memorandum of understanding on the factory with “local entities” in Shanghai, according to its sources. The plant will have a capacity to make 500,000 vehicles per year, the media outlet reported.
Shares of Tesla rose 2.6 percent in Tuesday’s premarket session after the report.
Reuters later cited a local media report that said Tesla signed agreements with the Shanghai municipal government, Shanghai Lingang Area Development Administration and Lingang Group to allow it to open the factory.
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8DonCo
Re: Tesla shares rise on reports carmaker planning massive China factory
They can sign whatever they wanted, but going through the US Gov, and board approval will be an another story.
hoà thượng lạc loài
Re: Tesla shares rise on reports carmaker planning massive China factory
hoà thượng lạc loài wrote:They can sign whatever they wanted, but going through the US Gov, and board approval will be an another story.
ủa , mỡ hãng nước ngoài phải xin US Gov approves nữa hả ?
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8DonCo
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