Tesla to Construct Megafactory for Batteries in Shanghai, China

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Source: CNN
Tesla to Construct Megafactory for Batteries in Shanghai, China
Photo: CNN
TL;DR Summary

Tesla is opening a Megafactory in China to manufacture huge batteries for electric vehicles. The factory will be located in Shanghai and is expected to produce 250 GWh of batteries per year. This move is part of Tesla's plan to expand its manufacturing capabilities and reduce its reliance on imported components.

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