Tesla Inc broke ground on Monday at its Shanghai “Gigafactory” where it plans to begin making its Model 3 electric vehicles (EV) by year-end, a first step in localising production in the world’s largest auto market.
At a ceremony at the site of the plant on the outskirts of Shanghai, Chief Executive Elon Musk joined the city’s mayor and other local government officials to formally begin construction of a factory that Tesla has said will cost around $2 billion.
The so-called Gigafactory is China’s first wholly foreign-owned car plant, a reflection of China’s broader shift to open up its car market, even amid a trade war with the United States which has seen a rise in tariffs on cars imported from the U.S.
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![Tesla Dominates China Auto Show – Factory Coming Soon? [live]](https://img.youtube.com/vi/T2G9IIlMCUs/0.jpg "Tesla Dominates China Auto Show – Factory Coming Soon? [live]")
So cheaper Tesla’s?
Elon looks great. Pity that oil wants to stone him in us of a, and China loves him.
My interpretation of Tesla opening up factory in any other nation, especially in China, will be questionable in many aspects. Tesla will be under Chinese regulations, whether Tesla will like or not. Possibly more of Tesla’s know how will be compromised. Eventually if things gets rough for Tesla, China might even kick them out and may close the factory and China will simply take over to produce their own vehicles to their benefit. I just can’t understand during current trade problems hanging between China and U.S.A., Tesla is making this move. Tesla should have planned to open up new factory within the U.S.A. to help the U.S. economy and hire the domestic workers. There are millions of folks needing employment within U.S.A. Furthermore will the people here in the U.S.A. buy Chinese made Teslas in the future? It will be very interesting to see what will happened to Tesla as a whole.
……………………AM
MOUSTACHE !
Now to get into the Indian market.
He smile like a child.
Soon we get Tasla Z from China for 1/3 of the price, delivery free
Elon get the hell out of china.
I just want to know the name of the song playing at the background towards the end of the video.
I SOLITI AMERICANI U.S.A……………..DOPO GAVER BARBARAMENTE ASSASINADO IL GENIO TESLA GLI U.S.A. SE VANTA DE PORTAR IN GIRO PER EL MONDO LE SUE E SOLO SUE SCOPERTE………POVERO DISGRAZIA’ DE TESLA !
I BELIEVE IS GOOD FOR HIM IF MAKE FACTORY IN CHINA TO SALE TO CHINA NOT TO BRING HERE
I love Elon, but Elon please keep foreign factories at a minimum 🙁
Elon Musk is a businessman, a global capitalist. If you want to confine him into a isolated market, he will say no and turn back to you.
HE WANT TO MAKE IN CHINA AND TO BRING HERE TO MAKE BIG PROFIT,NO ?
They will clone TESLA technology, who doesn’t know that China is famous for technology cloning,,,,,
Elon Musk is not loyal to any country he is a gl9balist. H3 was born is South Africa where he lived for 13 years until he moved to Canada to escape the apartheid regime from sending him and his brother to fight in the army.I have a lot of respect for him as he knows what the American governm3nt and its media are up to.trying to spread propaganda against China.Teslas released all of its patents months ago so why would china want to steal their tech.Stupid Americans ignorant as usual.
China wants 1 child policy back shameful. Like i crack head and crack
16 people General Motors customers
The trick is China have such high tariffs on imported cars. It’s not only unfair but it pushes car makers to produce in China, it’s double win for China. There is no win win business with China; get out of China as quick as possible. The world should apply reciprocity and stop being naive with China.
That’s your biggest mistake Elon why you did not choose Germany or any European country???
Congratulations Elon and China!
Trump wants everybody get out of China. Elon is going in. Hmmmm…
They are just going to retro engineer his tech the way they do every western tech and then boot him out of the country. Hi Boeing, ya still hurtin?
Prolly with us taxpayer money
F—K that guy
OMG all these butt-hurt white people……
A possible 1 billion people to fleece in China!
“We know it’s real because it looks so fake” -NASA
goodbye Tesla… the tech will be stolen and your company will go down the drain.
Nice coat
后边站着那个翻译吗？在镜头外面。
He’s conquering