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Tag Archives: As Tensions Between the US and China Develop

Business

As Tensions Between the US and China Develop, Tesla Puts A Halt to Its Land Purchase in Shanghai: Sources

Posted on May 12, 2021 by Nikita Sharma

Due to the uncertainty caused by the US-China tensions, Tesla has halted plans to purchase land to expand its Shanghai plant and transform it into a global export hub, according to people familiar with the matter. Tesla now intends to limit the proportion of Chinese output in its global production, according to two of the […]

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Posted in Business  |  Tagged As Tensions Between the US and China Develop, Tesla Puts A Halt to Its Land Purchase in Shanghai: Sources Leave a comment
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