Satellite images show that Tesla could fit a building the size of the planned Gigafacoty 1 at its new site in China. Though the automaker probably won’t – at least for now. expand full story
Tesla Gigafactory 3 Stories November 15
Tesla Gigafactory 3 Stories October 24
In a new regulatory filing in China, Tesla revealed that it will build its upcoming Model Y along with Model 3 at its new Gigafactory 3 in Shanghai. expand full story
Tesla Gigafactory 3 Stories October 22
A few days after announcing it secured a 210-acre piece of land for Gigafactory 3 in China, Tesla has reportedly also secured a loan to start building as land grading started at the site of the factory. expand full story
Tesla Gigafactory 3 Stories October 17
Tesla announced today that it secured a 210 acres (~860K m2) piece of land in Lingang, Shanghai for Gigafactory 3 in China.
The company says that it is ‘on track’ with its accelerated construction plan to establish manufacturing capacity in the country. expand full story
Tesla Gigafactory 3 Stories October 10
Tesla is finalizing the details of its plan to build a much-needed Gigafactory in China.
The company is now reportedly closing in on a bid for a $145 million piece of land in Shanghai. expand full story
Tesla Gigafactory 3 Stories September 10
When Tesla announced its Gigafactory 3 in China earlier this summer, there was a big question mark around the financing for the massive new factory.
CEO Elon Musk has since confirmed that they plan to borrow money from local lenders and it looks like they already raised their registered capital to around $680 million according to local media reports, but there’s still a lot more to go. expand full story
Tesla Gigafactory 3 Stories August 7
Only a few weeks after announcing a deal with the Shanghai government to build a local factory, Tesla has now started hiring personnel to build what is now known as Gigafactory 3. expand full story
Tesla Gigafactory 3 Stories August 1
Tesla confirmed plans to build a Gigafactory in China last month after reaching a preliminary deal with the local Shanghai government, but it didn’t disclose how much it is expected to cost or how they will pay for it.
A new report now claims that Tesla expects Gigafactory 3 in China to cost $5 billion. expand full story
Tesla Gigafactory 3 Stories July 10
Tesla has now confirmed the reports that came out of China this morning about a deal to allow the start of Gigafactory 3 construction in Shanghai.
The automaker confirmed the deal and said that it plans to start construction “in the near future” for the first cars to roll off the line in “2 years.” expand full story