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Tesla buys land in China to the new megafabrik

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William Gonzales
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The u.s. automaker has signed an agreement to buy the 860 000 square meters of land in Shanghai.

It is to be used for Tesla's first megafabrik outside the united states.

Tesla plans to build its first megafabrik abroad after you have bought the 860 000 square meters of land in Shanghai.

According to the Shanghai bureau of planning and land resources cost the ground about 140 million dollars.

This will double the size of the bilmärkets global manufacturing and contribute to a reduction in pricing on the Tesla cars.

– To secure this location in Shanghai, Tesla first megafabrik outside of the united states, is an important milestone for what will be our next advanced, sustainable and developed location of manufacture, " says Robin Clean, Tesla's vice president of worldwide sales, told Reuters.

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William Gonzales
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