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Tesla's New Shanghai Factory Will Produce Two Models

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Tesla's New Shanghai Factory Will Produce Two Models

Tesla's New Shanghai Factory Will Produce Two Models

Tesla's new Shanghai factory is planning to produce two models in its first phase project, says Auto News.The factory aims to manufacture Model 3 and Model Y cars, with annual capacity of 250,000 vehicles.

Last week, Tesla signed an agreement with the Shanghai government for a 9.3 million-square-foot site.

This is the company's first overseas plant, which will cost around $2 billion to construct.

The new factory will doouble the size of the electric car maker’s global manufacturing.

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Tesla's New Shanghai Factory Will Produce Two Models

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