Tesla says it's now making cars in Shanghai, trial started 'ahead of schedule'

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Tesla starts making cars 'ahead of schedule' in China, Europe could be next

plant in the United States.also dramatically improved the pace of execution and capital efficiency of new production lines," the company said in its letter.

Musk even implied that the Shanghai factory could become the new normal for Tesla. He called it the "template for future growth." Investors are encouraged by Tesla's progress. The stock is still down more than 23% this year, but solid earnings for the third quarter, including an"I'm very impressed," said Tu Le, founder of Beijing-based consulting firm Sino Auto Insights, of the Shanghai plant. "Living in China, nothing [usually] happens that fast."Le pointed out that the company has gotten significant support from the Chinese government in the last year.

 

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