Elon Musk opens Tesla gigafactory in Shanghai. "A state-of-the-art factory and a model of sustainability," Musk commented, which will allow Tesla to build a plant in the Lingang industrial area designed to produce 500 electric vehicles per year. “We were impressed by the beauty and energy of Shanghai and we want our factory to add to all of this,” said the American tycoon.
The goal is to make Shanghai a world-class center for automobile manufacturing. A grand opening policy of the Chinese government that "will give full support to the construction of Tesla's factory and will strive to create a better environment and to provide better services for the development of several companies in Shanghai, including Tesla," said the mayor of Shanghai, after explaining that the city "is accelerating on the indications of the central government, working hard to create a new modern industrial system".