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Tesla to announce location of China Gigafactory soon, says Elon Musk

UPDATE: Tesla confirmed in late May at its shareholder meeting that it will build its Gigafactory including birth vehicle and battery production in Shanghai.  PALO ALTO, California – The mystery surrounding Tesla’s planned China factory got a little clearer on May 2, when CEO Elon Musk said the whereabouts of that factory will be announced soon. Musk made the comments while responding to a question from CNBC reporter Phil Lebeau regarding a second manufacturing facility

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Lithium race: CATL aims to beat Tesla’s Gigafactory by 2020

Tesla received over 400,000 reservations for the Model 3, an electric car that no customer has seen; and the Model 3 will rely on lower battery costs from its Gigafactory. The mass production of Tesla’s lower cost Model 3 has awakened traditional carmakers to the necessity of electrifying their powertrains,

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