View Original Article


Stella McCartney Black & White Vegan Leather Enchained "Binx" Loafers SZ 38Women's Ralph Lauren COLLECTION PONYHAIR SLIP-ON SNEAKERS 7.5 , NIB Bed Stu Women's Rose Leather Oxford Shoes in Teak Dip Dye Size 10Women's Naot Taranga Flats, Black Madras Leather, 39 EU/8 US, M*TODS* PATENT LEATHER ARMY GREEN BALLET PUMPS (40.5) , BRAND NEW! $228 TORY BURCH ‘Minnie’ Tortoise Shell Travel Ballet Flat, Sz 8.5 , Jimmy Choo Waine Off White Chainmail-Paneled Leather Flats Left Sz 9 Right 9.5Charlotte Olympia Green Satin Rhinestone Embellished Cat Face Flats SZ 36.5New $228 Donald J Pliner VIKYSP-L4 Black Leopard Haircalf Driver Loafer 6.5 , � Dr. Martens Doc England Rare Vintage Blue Gibson Wingtips US 6 � , NWB Tory Burch Ballet Flat Leopard Size 7.5 M LAILA Calf Hair DriverJCREW Charlie Penny Loafers in Suede Flats $168 7 Flame Red F5592 NEW , Tory Burch Minnie Travel Ballet w/ Logo Printed Nappa Leather Flat Shoes ~ NIB!NEW! Tory Burch CLAREMONT Ballet Flat Shoe Sz 5.5 Black Quilted Leather NIBNIB Bed Stu Women's Rose Leather Oxford Shoes in Navy Multi Rustic Size 8Manolo Blahnik Women's Flats Gisella Suede Leather Brown Flower Shoes Size US 11 , New In Box! Brunate Terri Flats Shoes US 7.5 Nero Black Italy $298 , Paul Andrew Beige/Black Tweed Slingbacks/Flats/Shoes Size 40.5BRAND NEW! $228 TORY BURCH ‘Minnie’ Tortoise Shell Travel Ballet Flat, Sz 7 , Tory Burch Jessa Horse Head Crocodile-Embossed Loafer 38.5 $348.00NIB Alexander Wang Studded black slides size:37 , STRATEGIA Women's Leather Criss Cross Low Heels -- Size 38 or 8 , Authentique slipper cuir à ornements Giuseppe Zanotti E46043 valeur *NEUF*JIMMY CHOO -Dawn Denim ESPADRILLES FLATS Slip-on Sneakers 37.5/7.5 (3606) $450100% AUTHENTIC Dolce & Gabbana Espadrilles size , BOTTEGA VENETA Ballet Flats Shoes Woven Brown Intrecciato Leather with Bow 35New in Box Michel Kors Ladies Black Slip On 43T5PHJimmy Choo Black & "Anthracite" Nappa Leather "Wrena" Flats SZ 39Gibellieri 11b Lilac / Yellow Leather Pointed Toe Shoes Mules 37 / US 7 ,

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.

Taryn Rose Collection 21668 Renatta Mule Suede Suede Mule 94e794f -