Tesla starts hiring for Shanghai plant

BEIJING: Cash-strapped Tesla Inc has yet to reveal details of the investment needed for its Shanghai plant. But it has already started hiring for the facility.

In a social media post on its WeChat account last week, the electric-vehicle maker sought out more than a dozen engineers and machinists for its proposed plant in the Chinese city. The facility, known as the Gigafactory 3, is expected to churn out about 250,000 vehicles and battery packs per year initially, and that capacity will double over time.