BEIJING — Tesla Inc. broke ground Monday for a factory in Shanghai, its first outside the United States. Tesla announced plans in July to build the Gigafactory 3 facility in China, the biggest electric vehicle market, despite trade tension between Beijing and Washington. “Looking forward to breaking ground on the @Tesla Shanghai Gigafactory today!” said Musk on Twitter. The Shanghai factory will produce “affordable versions of 3/Y for greater China,” Musk said. Lower-priced electric models from GM, Volkswagen and other global brands are due to hit the market starting this year, well before Tesla is up and running in Shanghai.

Source: National Post January 07, 2019 10:30 UTC