Automakers

Tesla China plant nearing capacity spurs $188M upgrade

Tesla China plant at night
(Qilai Shen/Photographer: Qilai Shen/Bloombe)
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By:
Bloomberg
November 26, 2021 05:31 PM

Tesla plans to invest as much as 1.2 billion yuan ($188 million) in its Shanghai plant to upgrade equipment as the factory gets closer to exhausting its current capacity, according to people familiar with the matter.

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