View Original Article


Tory Burch Ballerina Abbey Black Leather Ballet Flats Scrunched Sz 6.5 , Donald J Pliner Rue Flat Slip-On Mules, Sand/Sand, 6 US , Tory Burch Gold Reva Metallic Snake Embossed Ballet Flats Shoes.Sz 9 , Woolrich Suede Shoe-Women's Size 8 Brown , NEW Baby Pink SVEN ORIGINAL Leather Clogs Mules 39 US USA MADE $185ALEGRIA US 37 Freesia Bronze Slides Sandals Leather Upper Nwb , Anthropologie Rhinstone Crystal Sheepskin Womens Flats 7.5 , Pour La Victoire Pearl Black/White Leather Cap Toe Snake Embossed Flat US8TORY BURCH Minnie Travel Black Leather Ballet Flat Gold Logo Reva Sz 9 #N6NIB CHRISTIAN DI RICCIO Size 36(6) Beige Pointy Toe Suede Mules Shoes Bow ItalyMicheal Kors Natasha Love Leather Slidenew Vince Black Flat Sport Shoes Truscott Slip-On Sneaker 9 M; NIB $250CC Resorts Bonnie in Black, Mushroom, Rose Gold , Bed|Stü Womens Flats Size 7.5- Bed Stu Gray Leather Tassel LoafersNWB Free People Abbeyroad Loafers Slingback Black/Green Size 6J/Slides 'Adelynn' Leather Platform Sneakers, Metalic Silver SIZE 6 (E57)Rockport Adelyn Anklestrap Ballet Flats 185, Black, 8.5 W USStuart Weitzman Shoestring Pewter Scotch Nappa Shoestring Ballet Flats Size 9M. , Women’s Brighton Brown/Bronze Croc Chocalf Loafers Size 7M, Sharp! , Accatino Vero Cuoio Loafers Shoes Size 39 Leather Black Cream Original Sacchetto , RAG & BONE Dunn Black Pebbled Leather Wingtip Brogue Oxford Flat Shoes 7.5/37.5Peter Millar Anaconda Embossed Emerald Ballet Flats Size 8,5 $189DKNY Dara Pointed-Toe Loafer Flats, Gold/Black Leather, 7 US / 37.5 EUAGL Attilio Giusti Leombruni Black Suede Leather Monk Strap Oxfords Shoes 39.5J.Crew Nora Cap Toe Chain Ballet Flats 13586 In Natural Brown Sz. 8.5 $150Jimmy Choo Shoes Gold Tone Metallic Leather Buckle Flats Size 36.5DEVI KROELL 'Bow Ballerina' Canvas Jeweled Flats size 7 IT 37 $550 , NIB SPERRY Womens Saltwater Wedge Tide Duck BOOTS, Brown Wool STS99997 Size 9.5Bruno Magli Women Flats Size 7 B Black Gold Stainless Steel Toe Caps Made Italy

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.

Ann Taylor Ann Camila Taylor Sequined Bow Sequined Flat, size 7.5 b62dabc -