Teslas China Gigafactory: Next Stages-
Highlight From Teslanomics Live on December 10, 2018. View the full video at teslanomics.co/live/1850/
// Tesla's China Gigafactory is lining up contractors; construction will start soon
An exclusive Reuters report shows that one Chinese company is already buying materials to build the plant, while a state-owned construction firm will take part in the bidding process
Tesla wants to build a Gigafactory in China to circumvent the tariffs that are being imposed on foreign imports as part of the U.S.-China trade war. By building the cars in China, it will not be subject to import tariffs.
The Gigafactory will be the first wholly foreign-owned car factory in China
Broader climate change context: China is on track to meet its pledge in the Paris agreement, but now analysts are saying that pledge is "highly insufficient" in order to keep temperature increase below 2 degrees Celsius: http://www.nytimes.com/interactive/2...
Related: Chinese government says the Gigafactory will start production in late 2019: http://www.cnbc.com/2018/12/06/tesla...
250K first year
500K subsequent years
Added with Giga1 doing Model Y could be close to 1M cars in 2020
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