View Original Article


NIB Tory Burch Lowell 2 Snake-Embossed Ballerina Flats Shoes Black White 10 MNWOT Alexander Wang Devon Espadrille Sneaker In Indigo 90s Denim Zipper Size 9Bill Blass Women LOLA PINK SUEDE Ballet Flats Shoes NIB, Size 8.5GIORGIO ARMANI $795 NIB Black Suede Crystal Jeweled d'Orsay Flats 37 , Tory Burch Mojave Print Reva Ballet Flat Size 8 New In Box MSRP $235+tax , NIB Tory Burch Reva Snake-Embossed Ballet Flat Shoes Pewter 9.5 M style 22158561 , ATTILIO GIUSTI LEOMBRUNI AGL Red Cap Ballet Flat Shoe Sz 6.5 /36.5 NEW AuthenticTory Burch Women Shoes Size 11M New Logo Leather/fabric Loafers , NIB Tory Burch Blossom Leather Espadrille Flats Shoes WHITE 9 MYSL Yves Saint Laurent Paris 10 Patent Ballerina Flats Shoes 39 9 , MARC BY MARC JACOBS BLACK ANKLE STRAP MOUSE BALLERINA FLATS US 9.5 NEWLanvin Patent Leather Nude Ballerina Flats Size 37Kenneth Cole New York Women's Brigid Slip-On Espadrille Black Stud Leather Flats , SO CUTE! Women's $450 Stubbs and Wootton Velvet "ADMIRAL" Slippers Loafers Shoes , NEW/NIB Cydwoq Starlight Medicine Shoes 36 6.5 Sundance Catalog slip on $282 , Pollini Leopard Print Hair On Hide Tan Leather Stilleto Booties Size 37 (US 6)Aravon Women's WSM06 - Aravon Women's WSM06BK , CHRISTIAN LOUBOUTIN WHITE LEATHER FLATS Sz 38M MADE IN ITALY , Ziera Women's Ipswich - Choose SZ/Color , NIB $358 TORY BURCH SIDNEY BACKLESS LOAFER TORTOISE LOGO SLIDE MULE BLACK FLAT 6Polo Ralph Lauren Team USA 2016 Olympic Calf Leather Boat Shoes 6.5 B USA Made , NIB Tory Burch York Snake-Print Ballet Flat, Black/White Sz 8.5SO CUTE! Women's $450 Stubbs and Wootton Velvet "WALES" Slippers Loafers ShoesYSL Yves Saint Laurent Paris 10 Heart Ballerina Flats Shoes 40.5 10.5 , NWB Bruno Magli Romualda Dark Purple Velvet Loafers Size 36 , NIB $225 Tory Burch Jolie Black Patent Leather Ballet Flat 10Tory Burch Benton Black Leather Ballet Flat - Size 8.5 Brand New - Gold LogoMANOLO BLAHNIK Black Pony Fur BB Pointed Toe Ballerina Flats 35.5 NEWAuthentic worn once Burberry flats ballerina loafers Military red gold 39 6 ,

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.

NIB Laila TORY BURCH Laila Spark 26942 Gold Metallic Metallic Leather/Logo Driver Ballet Flat Size 10 ddb157c -