Tesla to invest $188 million to expand Shanghai factory capacity - Beijing Daily


By:  Reuters
08:44 11/25/2021

SHANGHAI (Reuters) - Tesla plans to invest up to 1.2 billion yuan ($187.91 million) to expand production capacity at its Shanghai factory in a project that will last from December to April next year, the state-backed Beijing Daily newspaper reported.

The newspaper attributed the information to documents Tesla filed with the Shanghai government.

($1 = 6.3860 Chinese yuan)



(Reporting by Brenda Goh; Editing by Himani Sarkar)


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