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Tesla shares rise on reports carmaker planning massive China factory

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Tesla shares rise on reports carmaker planning massive China factory

Post by 8DonCo on Tue Jul 10, 2018 8:26 am

Telsa is planning to build large new plant in China, Bloomberg News reported Tuesday.
Bloomberg said the company is due to sign a memorandum of understanding on the factory with “local entities” in Shanghai, according to its sources. The plant will have a capacity to make 500,000 vehicles per year, the media outlet reported.
Shares of Tesla rose 2.6 percent in Tuesday’s premarket session after the report.

Reuters later cited a local media report that said Tesla signed agreements with the Shanghai municipal government, Shanghai Lingang Area Development Administration and Lingang Group to allow it to open the factory.

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Re: Tesla shares rise on reports carmaker planning massive China factory

Post by hoà thượng lạc loài on Tue Jul 10, 2018 8:51 am

They can sign whatever they wanted, but going through the US Gov, and board approval will be an another story.
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Re: Tesla shares rise on reports carmaker planning massive China factory

Post by 8DonCo on Wed Jul 11, 2018 9:35 am

hoà thượng lạc loài wrote:They can sign whatever they wanted, but going through the US Gov, and board approval will be an another story.

ủa , mỡ hãng nước ngoài phải xin US Gov approves nữa hả ?  scratch scratch

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Re: Tesla shares rise on reports carmaker planning massive China factory

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