Elon Musk to visit China soon for Tesla factory ground breaking | Fin24
 
  • All Mixed Up

    The ANC election manifesto is like the biriyani of political documents, writes Ferial Haffajee.

  • Crackdown

    Businesses have reopened in Zimbabwe as armed soldiers keep watch.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.

Loading...

Elon Musk to visit China soon for Tesla factory ground breaking

Dec 31 2018 17:00
Anand Krishnamoorthy, Bloomberg

Tesla is getting ready to break ground on its factory and chief executive officer Elon Musk can’t wait to visit.

"Looking forward to visiting soon for the groundbreaking of Gigafactory Shanghai," Musk wrote in a tweet on Monday.

He didn’t provide a date for the visit.

The China plant would be a significant milestone for the battery-car manufacturer as it pushes harder into the world’s largest automobile market with its first factory outside US.

The plant - dubbed Gigafactory 3 - will be the biggest foreign-invested manufacturing project in Shanghai. The Palo Alto, California-based company has secured more than 200 acres of land for the China factory, which is expected to cost several billion dollars to build.

tesla  |  elon musk  |  china  |  ict  |  companies
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Should it be mandatory for SA companies to report pay discrepancies between men and women?

Previous results · Suggest a vote

Loading...