Tesla officially starts building huge new plant in China
|New Delhi (CNN Business)Tesla’s new manufacturing plant in China is officially under construction.
CEO Elon Musk broke ground on the electric carmaker’s huge factory in Shanghai on Monday, kickstarting a plan to eventually make half a million vehicles in China every year.
The company is aiming to complete the initial construction work this summer and start producing its cheapest car, the Model 3, by the end of the year, Musk said in a series of tweets before the event.