Tesla Reaches Deal With Lenders in China

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Tesla is set to receive up to $521 million to invest in its factory in Shanghai

Tesla Inc. reached an agreement with lenders in China to receive as much as a half-billion dollars to invest in its Shanghai factory currently under construction.

The electric-car maker said in a securities filing Thursday that a syndicate of lenders agreed to provide up to 3.5 billion yuan for construction and production expenses at its so-called Gigafactory Shanghai. Tesla’s lenders in the agreement are China Construction Bank Corp., Agricultural Bank of China Ltd., Industrial and Commercial Bank of China...

 

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Why not built this factory in central or south america! It would solve two problems!

Can't wait to buy Xiami version of Tesla

Thanks Trump.

Wish Canada had a Tesla ! What other company has been so amazing? Seriously solar panel shingles , house batteries , electric cars faster than a mclaren f1 and fucking 1/9th the cost to ship stuff to space ! Oh and underground tunnels and flamethrowers Jesus elonmusk

Remember when Musk wanted to sell Tesla to Saudi Arabia?

From who

Hard to imagine why American entrepreneurs sell their souls to the devil for cash. Everyone should start teaching their children to speak Mandarin. It's not if, it's when!

Jobs for US... Ha !

Here we go. Another intellectual property theft.

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