Tesla breaks ground on huge Shanghai battery plant

Shanghai (AFP) May 23, 2024 Tesla broke ground on a massive battery factory in Shanghai on Thursday, Chinese state media reported, making it the US electric car giant's second plant in the financial hub. The project was announced last April after boss Elon Musk presented a vague but ambitious plan to investors to turbocharge growth. However, the company last month reported a 55 percent drop in quarterly earnings,

Tesla breaks ground on huge Shanghai battery plant
Shanghai (AFP) May 23, 2024
Tesla broke ground on a massive battery factory in Shanghai on Thursday, Chinese state media reported, making it the US electric car giant's second plant in the financial hub. The project was announced last April after boss Elon Musk presented a vague but ambitious plan to investors to turbocharge growth. However, the company last month reported a 55 percent drop in quarterly earnings,

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