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posted by martyb on Monday October 23 2017, @05:05PM   Printer-friendly
from the preorder-on-banggood dept.

Tesla has reached an agreement to build a factory in Shanghai, China:

Tesla Inc. has reached an agreement with the Shanghai government to set up its own manufacturing facility in the city, the Wall Street Journal reported Sunday, citing people briefed on the plan.

The Palo Alto, California-based carmaker is working with the local government on the timing and details of an announcement, the people told the newspaper. The deal, which without a local partner likely won't negate China's 25 percent import tax, will still allow Tesla to reduce its production costs drastically, according to the report.

China is the world's largest market for automobiles.

Also at The Verge and WSJ.

Previously: Tesla's Big China Chances on Indefinite Hold


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  • (Score: 2) by DannyB on Tuesday October 24 2017, @02:16PM (3 children)

    by DannyB (5839) Subscriber Badge on Tuesday October 24 2017, @02:16PM (#586862) Journal

    Yes, I realized the same thing about the same time. Gulf War I. Geopolitics would change radically once that oil money dries up. But if Texas lost the ability to dictate classroom textbooks for everyone else, the godless heathens might learn science and history. It could put a dent in Fox News.

    In the sequel Gulf War II -- The Quest To Finish Daddy's War, the plot had less emphasis on oil. And the characters were less likable. The dialog was not as well written.

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    People today are educated enough to repeat what they are taught but not to question what they are taught.
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  • (Score: 2) by Phoenix666 on Tuesday October 24 2017, @02:54PM (2 children)

    by Phoenix666 (552) on Tuesday October 24 2017, @02:54PM (#586884) Journal

    In the sequel Gulf War II -- The Quest To Finish Daddy's War, the plot had less emphasis on oil. And the characters were less likable. The dialog was not as well written.

    Yes, but they did cast Alf [data] as the President of the World Bank [data], so that was a gem in that clunker of a movie. The hair-licking scene [youtube.com] had the best 'ick' factor of any film in the 00's.

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    Washington DC delenda est.
    • (Score: 2) by bob_super on Tuesday October 24 2017, @04:15PM (1 child)

      by bob_super (1357) on Tuesday October 24 2017, @04:15PM (#586916)

      I thought the biggest ick factor was shoehorning a happy ending at the end of Act 1, happy aircraft carrier and all, and forgetting to write an actual ending to the story, leaving all the mooks behind to get shot...
      But you're correct, it's probably more a projective-vomit moment than an "ick"

      • (Score: 2) by Phoenix666 on Tuesday October 24 2017, @06:39PM

        by Phoenix666 (552) on Tuesday October 24 2017, @06:39PM (#586991) Journal

        I'd classify the aircraft carrier moment as "FFS," but that's OK we can both be right.

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        Washington DC delenda est.