View Original Article


Naot Kumara Sneaker - Women's Size 9, Smoke , TIBI, OLGA FLATS WITH ROUND TOE, WOMENS, BLACK SUEDE, US 7.5M, NEW IN BOX , Womens AGL black / shimmer gold leather cap toe ballet flats sz. 37 $299 , DANSKO WOMENS CLOGS PROFESSIONAL GREY QUILT PATENT SIZE , NEW ESCADA Green suede Leather lacquer gold Tone Hardware Loafers moccasins Sz 6 , Mephisto 'rachel' Leather Fashion Flats - Size 5.5, WineBUY WHILE STILL HERE! Cole Haan Air Penny Driver Black Patent Women Sz 9.5 nnikeTORY BURCH flat shoes rubber pink ribbon , NIB TORY BURCH 'Darien' Gold Leather Espadrille loafer Trim Flats size 6 , Sarah Jessica Parker Womens Purple Ballet Flats Size 7NIB AUTHENTIC TORY BURCH BLACK PATENT REVA + BLACK LOGO SHOES BALLET FLATS 10.5BURBERRY Leather nova Check Pointed toe Ballet Flats Brown 38 , Munro Women's Black Canvas Slip On Platform Wedge Shoes 4323 Size 7.5W , $239 Taryn Rose Women's PEER Ballet Black Nude Flats Chain 6.5 RARE!Women's Attilio Giusti Leombruni AGL Burgundy Leather Ballet Flats Size 8.5STUART WEITZMAN - LOUNGE NERO CROCO LEATHER LOAFER SNEAKER SZ 6.5 RETAIL $425Dr.Martens 1462 PW Black Leather Womens Shoes , J Crew Collection Gemma Jeweled Feather Print Flats e4659 - size 8 - Black Flat , Naot Trendy Mary Janes-Women's sz 8 BlackWomen's Salvatore Ferragamo GANCIO BIT Loafers NAVY BLUE Leather 5.5 B , Paul Mayer Attitudes Brandy Balet Flat 7.5 M Patent Azul/Aqua New w/ Box , JCrew $298 Collection Charlie Tassel Loafers Sz 6 Leopard Calf Hair Brown AVL , $395 AQUATALIA Camille Naplak Peep Toe FLATS Shoes 9 Black LEATHER NEWDansko Professional Blue Damask Patent Leather - US 7 - was $135 , Salvatore Ferragamo Emy 1 Metallic Ballet Flats, Women's Size 6 B, Gold (Damage) , Tory Burch Silver Reva Flats, Logo shoes, Womens Size 7.5 US EXCELLENT!!! , Sam Edelman Women's Black Falon Cap Toe Flats Sz 7 M 9720NIB AUTHENTIC TORY BURCH REVA COBALT BLUE NILE SHOES GOLD LOGO 9.5Dr.Martens 3989 5-Eyelet Cherry Womens Casual Oxford Shoes Vegan Leather ,

Tesla has secured the rights to about 210 acres of land in Lingang, Shanghai, the site of the electric automaker’s planned factory and its first outside of the U.S.

Tesla executives and leaders of the Shanghai Economics and Information Committee, Shanghai Lingang Area Development Administration and Shanghai Lingang Group witnessed the agreement-signing ceremony in China on Wednesday.

“Tesla’s mission is to accelerate the world’s transition to sustainable energy not only through all-electric vehicles, but also scalable clean energy generation and storage products,” Robin Ren, Tesla’s vice president of Worldwide Sales said in a statement. “Securing this site in Shanghai, Tesla’s first Gigafactory outside of the United States, is an important milestone for what will be our next advanced, sustainably developed manufacturing site.”

The land transfer marks an important step for Tesla, which recently said rising costs had prompted the company to accelerate construction of its so-called Gigafactory 3. Tesla warned in its production and delivery report in early October that tariffs, combined with the cost of shipping its vehicles via ocean carrier and the lack of access to cash incentives available to locally produced electric vehicles, has put the company at a disadvantage in China.

Tesla reasserted those statements Wednesday, noting that it expects the project to be a “capital efficient and rapid buildout, using many lessons learned from the Model 3 ramp in North America.”

Tesla reached a deal in July with the Shanghai government to build a factory that it says will be capable of producing 500,000 electric vehicles a year. Once construction begins, it will take about two years until Tesla can produce vehicles. It will be another “two to three years before the factory is fully ramped up to produce around 500,000 vehicles per year for Chinese customers,” a Tesla spokesman said at the time.

The Shanghai factory deal marks a shift within the Chinese government to allow foreign companies to build and operate wholly owned facilities there. Foreign companies have historically had to form a 50-50 joint venture with a local partner to build a factory in China.

Chinese President Xi Jinping has said the country will phase out joint-venture rules for foreign automakers by 2022. Tesla is one of the first beneficiaries of this rule change.

The agreement allows Tesla to construct and operate a wholly owned factory in Lingang. The new factory will carry out research and development, manufacturing and sales operations.

The Chinese government will still be involved, however. Under a cooperation agreement, the Shanghai government and Tesla will jointly promote electric vehicle technology and industry development. The city of Shanghai said it will provide support for Gigafactory 3, although details are thin as to what that might mean.

PRADA Sport - Big Square Buckle - Black Patent Leather localjoes-27582 Sport Slipper Ballet Flats 8.5 39 cc7eaf6 -