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Tesla to open Shanghai electric car factory, doubling its production

the Guardian

Elon Musk says first facility outside the US will build 500,000 cars a year Tue 10 Jul 2018 12.51 EDT Last modified on Tue 10 Jul 2018 14.30 EDT Tesla is to open a new electric car production plant in Shanghai, its first outside the US, chief executive Elon Musk said from the city on Tuesday. The new auto plant is slated to produce 500,000 cars a year, taking Tesla’s total global manufacturing capacity to 1m vehicles a year. Most automotive factories are tooled to produce 200,000 to 300,000 vehicles a year. The Shanghai municipal government welcomed Tesla’s move to invest not only in a new factory in the city but also in research and development. It suggested it would help with some of the capital