Tesla Incorporation broke ground for a factory in Shanghai, its first outside the United Stades. CEO Elon Musk said on Twitter that the company will start production in China of its Model 3 and a planned crossover by the end of the year.

Tesla also announced plans in July to build the Gigafactory 3 facility in China. The facility is biggest electric vehicle market, despite trade tension between Beijing and Washington.

Source: Financial Post
Fulya Altunyay/ fulyaaltunyay@realestatecoulisse.com