TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC

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

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

  1. TMC Staff

    May 19, 2017
    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...
  2. Lasairfion

    Lasairfion Member

    Jul 24, 2018
    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. SO16

    SO16 Member

    Feb 25, 2016
    Another reason to buy TSLA.

    Amazon changed the commerce industry.

    Tesla is changing the energy and transportation industries!

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.
  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.