Tesla continues Gigafactory 3 preparations with new hiring initiative, $145M real estate bid

Tesla’s preparations for Gigafactory 3 in Shanghai, China are underway, with the company recently listing a number of new job postings for the upcoming facility. The new Shanghai Gigafactory 3 job openings come amidst reports that Tesla is also in the process of acquiring a site where the battery and electric car facility would be […]

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Tesla Gigafactory 3 seems to be preparing for the Model Y production ramp

There is a lot at stake riding in Tesla’s Gigafactory 3, the first facility of the electric car maker that would be established and operated in a foreign country. Giga 3 is set to be the first of Tesla’s next-generation Gigafactories as well, since the facility would be capable of producing both battery packs and […]

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Elon Musk delves into Tesla’s China Gigafactory funding and development plans

During Tesla’s Q2 2018 earnings call on Wednesday, CEO Elon Musk and Tesla’s executive team revealed details about the company’s plans for Gigafactory 3 in China. The overseas facility is a strategic move that will allow the California-based company to compete in China’s local electric car market and minimize logistical challenges with shipping abroad. More importantly, having a local […]

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Tesla’s timeline for Gigafactory 3 in China is actually pretty conservative

Following reports that Tesla CEO Elon Musk has signed a preliminary agreement with Chinese authorities to build a solely-owned facility in Shanghai, questions have been raised by Wall St. skeptics and investors alike on how the California-based electric carmaker plans to fund development of its overseas factory. Dubbed Gigafactory 3, the planned facility in China […]

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Tesla CEO Elon Musk to meet with China government officials this week: report

Tesla CEO Elon Musk will be at an event in Shanghai on Tuesday, according to sources familiar with the matter, first reported by Bloomberg. Musk’s upcoming meeting with government officials in China comes as new tariffs are placed on Tesla’s electric cars amidst the US and China’s ongoing trade dispute. People familiar with the visit […]

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Tesla Model Y rendered to life based on Elon Musk’s latest teaser image

An avid Tesla enthusiast has shared a concept render of the company’s upcoming crossover SUV — the Model Y — based on the recent teaser image provided by Elon Musk during the 2018 Annual Shareholder Meeting. The concept renders were shared and uploaded by Tesla fan and graphic artist Miguel Massé. His concept for the […]

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