Tesla in talks to open a factory in China

Tesla is talking to the city of Shanghai about opening a factory there to serve the Chinese market.|
ASSOCIATED PRESS
BY ASSOCIATED PRESS

DETROIT - Tesla is talking to the city of Shanghai about opening a factory there to serve the Chinese market.

Tesla's revenue from China tripled to more than $1 billion last year, or 15 percent of total revenue.

The electric car maker says it expects to define its plans more clearly by the end of the year.

Tesla Inc. currently has one vehicle assembly plant in California, but CEO Elon Musk said earlier this month that plant is "bursting at the seams." He said Tesla is actively considering three other plant sites.

In a news release Thursday, Tesla said it expects most production to remain in the U.S., but wants to establish local factories to ensure that its vehicles are affordable overseas. Chinese Tesla buyers currently have to pay import duties.

UPDATED: Please read and follow our commenting policy:
  • This is a family newspaper, please use a kind and respectful tone.
  • No profanity, hate speech or personal attacks. No off-topic remarks.
  • No disinformation about current events.
  • We will remove any comments — or commenters — that do not follow this commenting policy.
Send a letter to the editor