Tesla Inc’s China factory aims to start production this month but it is unclear when it will meet year-end production targets due to uncertainties around orders, labor and suppliers, sources with knowledge of the matter said. The plant’s mass production schedule is crucial for Tesla’s hopes of reaching its total production rate at an annualized 500,000 vehicles by the end of this year. The $2 billion factory – Tesla’s first car manufacturing site overseas – gained key government approvals last month and is on schedule to start production in October, the sources said. …read more
Source:: Yahoo Finance
