Tesla Confirms $1.6 Billion in China Bank Financing for Factory
The Tesla badge sits on the steering wheel of a Model 3. (Photographer: Angel Garcia/Bloomberg)

Tesla Confirms $1.6 Billion in China Bank Financing for Factory

(Bloomberg) -- Tesla Inc. confirmed it’s lined up 11.25 billion yuan ($1.6 billion) in financing from local banks for its Shanghai factory as it prepares to begin deliveries of China-made Model 3 s...
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