View Original Article

TECHCRUNCH

No. 6 New Dusty Blue Open Toe Slide Mule Clog Size 40NIB AGL Attilio Giusti Leombruni Grommet Berry Suede Leather Ballet Flat 38/US 8 , NIB $495 Robert Clergerie Alicem Slide Mules Slippers (US 9 )NIB Tory Burch Melinda Ballet Flat Tumbled Leather BRONZE 8.5 , Shrimps NWT Yellow Black Leopard Faux Fur Slides SZ 36 , Aquazzura Women Shoes Size 38 NIB Alexa Flat Patent Black , Women's AGL Attilio Giusti Leombruni Gray/White Platform Oxford Size 9 M , Polo Ralph Lauren Team USA 2016 Olympic Calf Leather Boat Shoes 7.5 B USA Made , Burberry Transmoor Tassel Black Suede Loafer US 9.5 Slip On MoccasinsBurberry Transmoor Tassel Black Suede Loafer Size / US 5 Slip On Moccasins , CAREL PARIS Marquis Women Black Leather Slippers Ballet Flats Size 8 US $270Tod's Italy Dee Ballet Buckle Ballerina Flat Pewter Metallic Leather $445 36.5Donald J Pliner Womens Jace-T8T8 Wedge Sandal, Beige, 6-1/2 M , MIU MIU - Bronze Pewter Metallic Leather Embellished Jeweled Ballet Flats 8.5 39Tory Burch Black Leather Blossom Ballet Flats , THIERRY RABOTIN WAVE TURTLE FLAME RED SIZE 36.5 - NIBNIB ATTILIO GIUSTI LEOMBRUNI Cap Toe Ballet Flats /US 11 Pewter Snake AGL , NibTory Burch Ballet Flats Pasadena Woven White Navy Leather Women Shoes 9Just Cavalli Women's Printed Patent Trim Slip-ONS Black Variant 36 (US Women's 6NIB AGL Belted Block Heel Pump 37.5/US 7.5 Black Shimmer Leather/Patent AttilioNEW $545 VALENTINO ESPADRILLE CANVAS STAR FLAT WHITE ON WHITE 38 , Burberry Transmoor Tassel Black Suede Loafer / US 6.5 Slip On Moccasins , NIB TORY BURCH Reva Mojave Print Leather Logo Ballet Flat Size 8 Black/Ivory NEWTory Burch Caroline Leather Ballet Flats Elastic in Sand/Dark Sand 7.5 , Prada MIU MIU Red White Square Toe Driving Loafer Shoes Sz 39 , NIB TTory Burch Hurachee Woven Leather Ballet Flats Shoes WHITE 10.5 M , NIB $1040 Y's By Yohji Yamamoto Platform Slip-On Shoe (US 9.5 ) size 6 , MM6 Maison Martin Margiela Silver Chain Loafers, Size 10 (US) 40 (EU) , SOLD OUT $299 New w/box Paul Green Micky Bow Slip-On Sneaker Black 8

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.

VANELi Women's 27798 Salia Bow Ballet Ribbon Flat Black Nappa Flat/Black Patent/Satin Ribbon Flats 1344f60 - gravityxdance.com