Tesla started a new company in Shanghai with a registered capital of $2 million

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The American company Tesla established a new company in Shanghai. It was reported by RIA Novosti, citing Reuters.

“Tesla Inc has established a new energy company in Shanghai with a registered capital of $2 million,” the agency said.

Earlier in April, the company took to Twitter to announce that it would set up a major Megapack battery manufacturing facility in Shanghai. Construction is scheduled to begin in the third quarter of 2023, according to Bloomberg. Battery production will begin in the second quarter of 2024.

happened before knownThe US National Highway Traffic Safety Administration (NHTSA) has launched a preliminary investigation into Tesla after two reports of a Tesla steering wheel disengaging while driving. 120,000 2023 Tesla Model Y tested.

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