Tesla is opening a Megafactory in China | CNN Business

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The factory will be able to produce 10,000 Megapacks — very large batteries used to store utility-scale amounts of electricity — per year.

The factory will be able to produce 10,000 Megapacks per year, which are very large batteries used to store utility-scale amounts of electricity. The company announced the new factory with a picture of a signing ceremony in China.

“Tesla opening Megapack factory in Shanghai to supplement output of Megapack factory in California,” Elon Musk said on Twitter. Chinese state media outlet Xinhua first reported the news, saying the electric automaker will break ground in this year’s third quarter and begin production in the second quarter of 2024. Tesla operates a Megafactory in Lathrop, California, capable of producing 10,000 Megapack units every year – equivalent to 40 gigawatt-hours of energy storage.

 

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All for a bowl of rice

Are you surprised 🤨

tanjayholdings And we thought India will be the next manufacturing hub🙄🙄

I would have thought India or a South American country would offer labor at the same cheap rates

And we trust musk with our information on Twitter?🤢🤷🏽‍♀️

What is the starting pay? Have they bumped it up to .14 cents per hour yet?

He owns Tesla and maximizing corporate profits is king. China is where the consumers are, especially electric vehicle consumers. If you're using an iPhone, the same applies.

Made in America but China first

Chinese don't care about conservation/Mother Earth/Africans...they'll continue to have Africans dig with their hands to get lithium for these batteries so Leftist can feel good driving electric vehicles that they'll trash/trade in 5-7 yrs from now for gas vehicles.

Our future: Always Depending from our daddy Communist China!

Where is Biden regulating this investment? Why not in the USA? We will continue depending on our Daddy China?

What goes into making them? Where do the raw materials come from? How much energy is needed to make one? How long do they last? How are they disposed of? You’d think you Green Nutters would care about all of these questions. FoxNews OANN

? elonmusk ?

Gee wondering if he's doing this because kids will be used to produce this at .10¢ an hour 🤔

👏👏👏 The awesome power of slave labor! 🥂🤑

Good move by China, but not surprised by Musk's moves to do business with the CCP

Don’t buy Tesla I think we are lazy to make batteries here in China they have cheap labor so when they bring it here Tesla charge you arm And leg for batteries

America first, right, Elon.

Ultimately create jobs, and raise GDP growth rates in China. All for American corporate greed😏😏

You couldn't gift me a Tesla.

As we all know TESLA is owned by China (51%) with USA tax payer's money. But anyway I have no immediate plans to buy any EV from China be that TESLA or any other brand.

While China and Russia bring the Middle East together through cooperation and peace, leave it to NATO and the West to plan'the largest ever'aerial war games. Calling it 'Air Defender 23.' They are so upset that the world is leaving them behind, they have to get attention somehow.

and that's what ya get for slacking.

In China? Interesting. Maybe Musk could MOVE to China.

Xi - will want a few billion from this deal

Of course.realDonaldTrump Making America Great Again. elonmusk

👏👏

SMH

elonmusk so you are part of the problem after all...

Hi President Joe. I thought you had US manufacturing sewed up. Why not open a regulation free zone inside US and see the creativity of the free market.

China’s puppet Elon Musk

He is a smart man, unlike American politicians who know they lie and lie to smear China

So rebublicans will definitely want to get rid of Twitter now right?

Wake up

Why isn't SenTedCruz dragging Elon before committe to prevent these dealings with the Chinese government that he (we) apparently despise. So much so the GOP is actively engaged in trying to annex any lands that they may own in the US.

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Tesla to open a new Megafactory in Shanghai, China, company saysTesla will open a new Megafactory in Shanghai, China, that is capable of producing 10,000 Megapacks a year. elonmusk You not watching the news? 🤣🤣🤣🤣🤡🤡🤡🤡 Tesla and Apple need to get manufacturing out of China. Something happens with Taiwan then the embargo begins. Those with manufacturing in China are screwed.
Source: CNBC - 🏆 12. / 72 Read more »