The factory will produce the Model 3, a mass-market vehicle, by the end of the year, Mr Musk tweeted.
"Over the last six years, we have opened 60 Tesla locations, almost 1,500 Superchargers, and more than 1,850 destination chargers in the country", the CEO Elon Musksaid. The Shanghai plant is created to make another 500,000 cars annually-a massive step up for a company that sold fewer than 14,000 cars in China in the first nine months of 2018, according to LMC Automotive, which tracks the auto market.
The factory is Tesla's first outside of the United States.
Tesla chief executive Elon Musk reached a new milestone on the automaker's latest Gigafactory in Shanghai on Monday.
The carmaker, which now imports US-made vehicles to sell in China, is building the plant in an auto market that is set to contract this year for the first time in decades, though so-called new-energy vehicle (NEV) sales have been strong.
Gigafactory 3 will be China's first wholly foreign-owned auto plant and should allow Tesla to minimise the impact of the trade war which has seen Beijing impose big tariffs on USA vehicle imports.
CEO Elon Musk said Monday on Twitter that the company will start production in China of its Model 3 and a planned crossover by the end of the year.
According to state broadcaster CCTV, Tesla Gigafactory 3 is the largest foreign investment ever in Shanghai, and the expected annual output will be 500,000 electric vehicles. Beijing has since dropped tariffs on some USA goods, allowing Tesla to slash the cost of vehicles to China.
Apple sparked global alarm over the prospects for the world's second-largest economy last week when it cut its revenue forecast, citing slowing demand in China and the trade war.
Despite its relative affordability compared to other Tesla models, the price of a US-made Model 3 now starts at about $50,000, but Musk has said he aims to get that down to $35,000. "This week, we've started taking online orders for Model 3 in China, so that customers can configure their vehicle to take delivery in the weeks ahead, and Gigafactory 3 is another example of Tesla's commitment to the China market".
Till now, foreign automakers in China were required to forge joint ventures with domestic firms for establishing manufacturing plants, which means sharing profits and technology with local partners.
Alan Kang, Shanghai-based analyst for consultancy LMC Automotive: "Tesla's sales [in China] have dropped over the past few months because of high prices caused by the tariffs".
Lemon responded, "Walking away right now, that is your choice, but many of us really need to keep the conversation going". Kevin added, "I'm not debating right from wrong". "I don't think it's wrong for people to have their own personal beliefs.
Sara Ali Khan also took to her Instagram account to share photos with the cast of Simmba from the success bash. And to celebrate his victory, lead actor Ranveer was seen making his grand entry in the most explosive manner.
Alabama seemed panicked in the third quarter, running a fake field goal into a waiting Clemson defense instead of kicking from 40. The Tigers scored the final 17 points of the half, led 31-16 at the break, then shut out Alabama in the second half.
Another seven were injured in the incident in the Kohistan district of Badakhshan province in the north-east of the country. Meanwhile, villagers had already begun the operation while removing bodies from the site.
But Pliskova came roaring back and was ultimately comfortable in a 4-6 7-5 6-2 triumph to get her 2019 season off to a flier. "Felt very good physically and, tennis-wise, I think it was flawless ", Nishikori said.
Today, at CES 2019 , HTC took the stage to launch several new products and upgrades in its popular Vive virtual reality division. Since the Vive Pro Eye will track eye movements, it can optimize the virtual world in reaction to a user's focus.
Timothy Weah joins Celtic on loan from Paris Saint-Germain
He travelled to Glasgow to meet Rodgers and visit Celtic Park, and believes he has found the ideal place to develop his career. 'Can't wait to get started and get the chance to play in front of those wonderful fans I've heard so much about.
Man injures 20 kids with hammer at Chinese primary school
The attack comes a day after a Chinese man was put to death for injuring 12 children in a knife attack at a nursery in China. At least 20 children were injured at a primary school in China's capital Beijing following a knife attack .
Police file charges in death of 7-year-old girl
Texas police have arrested a man suspected of driving the getaway auto in the drive-by killing of 7-year-old Jazmine Barnes . How do I feel? Black allegedly cooperated with the investigation and said the pistol used in the shooting was in his home.
Ohio State Buckeyes, defensive coordinator Greg Schiano split
His NFL knowledge coaching the secondary is only going to enhance and improve what has become a marquee area for the Buckeyes. No matter which way you look at it, it's a huge blow to the MI staff, as the defensive line under Mattison has been stalwart.
GitHub makes private repositories available for free
GitHub revealed today that it's making a couple of big changes that should be good news for developers of all stripes. The change allows coders to create an unlimited number of private projects with up to three participants at no cost.