Tesla, a leading American automotive and energy company specialized in manufacturing electric cars is building a factory in China, but the company hasn’t been clear on what the timeline for producing vehicles there will be.
The third-quarter 2018 shareholder letter of Tesla states that in order to significantly increase the affordability of Model 3 (a mid-size / compact executive, luxury, all-electric, four-door sedan ) they have decided to accelerate their, manufacturing timeline in China,” according to the Business Insider ,UK.
Business Insider further reports that the new Giga factory could help Tesla’s foreign sales, which plunged after China raised tariffs on US-built cars. bmd