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Blog Report: Tesla Considering $5B Funding for Shanghai Plant

Discussion in 'Tesla, Inc.' started by TMC Staff, Aug 1, 2018.

  1. TMC Staff

    Joined:
    May 19, 2017
    Messages:
    423
    Tesla is considering raising $5 billion from Chinese investors to fund its recently announced plant near Shanghai, according to a report from Bloomberg. The report cited a person familiar with the plans, but did not include comment from Tesla. While intentions to build the plant in Shanghai were announced last month, Tesla didn’t offer details...
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  2. Lasairfion

    Lasairfion Member

    Joined:
    Jul 24, 2018
    Messages:
    207
    Location:
    UK
    The Chinese businessmen are going to fall over themselves to be a part of funding this. If the Chinese government don't chip in themselves.

    It's hilarious that the west doesn't understand just how seriously China is taking electric vehicles and power; nor how much they're happy to support the businesses that understand that. They didn't just change the laws on factory ownership on a whim. That was a specific change targeted at Tesla. Who else is a large all electric vehicle manufacturer looking to build a factory soon?

    The factory will go up faster than people here think too. The Chinese have got the management of huge infrastructure building projects down pat.
     
    • Like x 1
  3. SO_S90D

    SO_S90D Member

    Joined:
    Feb 25, 2016
    Messages:
    302
    Location:
    Grand Rapids, MI
    Another reason to buy TSLA.

    Amazon changed the commerce industry.

    Tesla is changing the energy and transportation industries!
     

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