Monday, 20 May 2024

Tesla’s Next Megafactory Will Be In Shanghai

Tesla has announced the site of its next megafactory, tweeting that it will be in Shanghai.

Tesla hit new records for both production and delivery in Q4 2022, coming in at 440,808 and 422,875 vehicles respectively. With China being the biggest EV market in the world, it’s not surprising that Tesla is intent on increasing its manufacturing capacity in the country.