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Tesla signs $9B agreement to build factory in China

39 pointsby sua_3000almost 9 years ago

5 comments

jonkneealmost 9 years ago
This is blogspam and a misleading title, the report is actually from Bloomberg:<p><a href="http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2016-06-20&#x2F;shanghai-said-to-be-front-runner-for-tesla-china-production-site" rel="nofollow">http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2016-06-20&#x2F;shanghai-s...</a><p>It is anonymously sourced, but knowing it is from Bloomberg is much different than it being from Mashable:<p>&gt; Shanghai has emerged as the front-runner to become the production base for Tesla Motors Inc. in China in an investment that may be valued at about $9 billion, according to a person with knowledge of the matter.
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mholtalmost 9 years ago
Elon has spoken: <a href="https:&#x2F;&#x2F;twitter.com&#x2F;elonmusk&#x2F;status&#x2F;747298731691696130" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;elonmusk&#x2F;status&#x2F;747298731691696130</a><p>&quot;We haven&#x27;t signed anything for a factory in China&quot;
michaelvozalmost 9 years ago
Rather short article. I am an absolute layman when it comes to legal matters of this kind, but this struck me as odd:<p>&quot;Tesla Motors has reportedly signed a non-binding agreement with Chinese government-owned company Jinqiao Group to construct a Tesla production plant in the city of Shanghai.&quot;<p>How can an agreement to build a factory be non binding?
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schukealmost 9 years ago
This has been denied by Jinqiao recently.<p><a href="http:&#x2F;&#x2F;stock.jrj.com.cn&#x2F;2016&#x2F;06&#x2F;27104521116602.shtml" rel="nofollow">http:&#x2F;&#x2F;stock.jrj.com.cn&#x2F;2016&#x2F;06&#x2F;27104521116602.shtml</a>
11thEarlOfMaralmost 9 years ago
TSLA: Not for the faint of heart.