Tesla now to build Shanghai factory to make Megapack batteries


SHANGHAI, April 9 (Reuters): Tesla Inc will build a factory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reported on Sunday.

Elon Musk's automaker will break ground on the plant in the third quarter and start production in the second quarter of 2024, Xinhua reported from a signing ceremony in Shanghai.

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Tesla , China , New Factory

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