Tesla rejects reports on Qingdao as site of its second China EV plant, pledges to boost investment in booming market
The information circulating on the internet about the location is not true, Tesla China’s head of communications says on her Weibo account
Tesla pledges to step up investment in sustainable manner, starts offering financing to car buyers amid a surge in demand
Thursday, 4 November 2021, 3:19:PM
Tesla has denied reports that its second Chinese electric-vehicle (EV) factory would be located in Qingdao amid rife speculations about its plan to step up production to capture a bigger slice of the booming local market.
“The information circulating on the internet about the location is not true,” Grace Tao, Tesla China’s head of communications and government affairs, said on her microblogging site Weibo on Wednesday evening. The US carmaker helmed by billionaire Elon Musk would continue to invest in China in a sustainable manner, she added.
The carmaker was responding to rumours that it has decided to build its second factory in the eastern Chinese province of Shandong, home to the nation’s fifth-largest port and better known for its Tsingtao beer. Tao did not disclose the real location.
