Tesla builds second factory in Shanghai

Tesla has selected the site for its planned construction of a second production line in Shanghai, near its existing Gigafactory 3. This was reported by the South China Morning Post on Wednesday, citing a letter from the US electric carmaker to local authorities. In it, Tesla spoke of an annual capacity for the new assembly line of 450,000 cars a year. Once the first phase of construction is completed, Model 3 and Model Y vehicles are expected to roll off the assembly line.