will build a gigafactory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reported on Sunday.
Elon Musk's automaker will break ground on the plant in the third quarter and start production in the second quarter of 2024, Xinhua reported from a signing ceremony in Shanghai. The factory will initially produce 10,000 Megapack units a year, equal to around 40 gigawatt hours of energy storage, to be sold globally, Xinhua said.
Putting money before your country is a bad look Elon.
Will Tesla allow technology transfer or will locals just steal it and open their own storage tech company?
So even Tesla will depend on China for the creation of its cars of the future...electric...While politics between the USA and China is constantly drifting apart in the international arena, the global economy proposes unlikely alliances....what will prevail?
BoycottTesla to finally take down Musk!
Lets go china lets go
Wisconsin makes sense, FoxConn is manuf. Chips in WI, Johnson Controls in Milwaukee already makes batteries & Bill Gates said hes planning to build a new Data AI center near FoxConn
Wow, amazing, congrats! An accurate tweet!
🙂
If China starts a war, will Tesla keep doing business in China?
But But But CHYNA. Elon must be investigated!! Elon loves the GOP and he is now doing business with CHYNA Communists so it must be political related. CHYNA pays ELON Billions!!!
Genius in one direction, utter fool in another, this kind of investment in hubristic China right now is Musk's folly!
Why is Kogi not attractive to investors like this?
I thought the USA was sanctioning other countries to invest in China…
TESLA is apparently a Chinese-owned company. Dump it.
elonmusk so does this mean that Tesla is now Chinese owned? When do you put that on its Twitter feed?
Do you know why you should follow me? I am creating a thread you will all love 😂
Good to save the energy
Amid rising tensions between West and East, this seems like a shortsighted move.
US will sanction that guy elonmusk
🤣🤣🤣🤣🤡🤡🤡🤡
You mean, like batteries? 🤔