View Original Article


Rockport Cobb Hill Sharleen Wedge Pump Merlot Leather Size 7 [CG8230]Signature Donald J Pliner Womens Pietro5JDD Loafer ShoeEXCELLENT CONDITION Tods Gommini Women’s Suede Loafers - 41Melissa Ultragirl Disney's Beauty and the Beast Ballerinas Women Black US 10 , Rebecca Minkoff Women's Sable Canvas Fashion Sneaker, RM Floral, 6 M USNIB Melissa Royale + Alice in Wonderland Disney Flats Ballerina Shoe US 9 , Cole Haan Marloe Slingbacks Skimmer II Women Sand Lizard Leather Flats Shoes 9.5 , Giuseppe Zanotti Ballet Flat Elastic Snake Embossed Suede Ivory Size 37.5LADIES SHOES/FOOTWEAR - Laura Azano Hanko brown/wine shoeBRUNELLO CUCINELLI $625 Gray Two Tone Suede Elastic Ballet Flats 40Stepane Kelian Cognac Suede Penny Loafer With Gored Instep Size 37 , AGL Double Sole Cork Platform Oxford Shoes Nude Metallic 40.5, 10.5 NEW , Brand New Tory Burch Shaw Navy Blue Canvas Logo Espadrille Flats Sz 6 *Sold Out* , Arcopedico Giselle Red Leather Flats, size = US 9.5 to 10 , LADIES SHOES/FOOTWEAR - Laura Azano Hanko brown/camel shoe , NWOB Dansko Professional Black Clogs - 9W European 40 W , Banana Republic Women Brelyn Oxford Flats Shoes Leather Beige Nude Rosewater 6.5New KENNETH COLE REACTION Women Brown Leather Peep Toe Flat Sandal Shoe Sz 9 M , SAS Women’s Siesta Bone 9 1/2 N , Original SAS Bounce White 0001-001 W Wide Women , Arcopedico Talia Gray Leather Mary Jane, size = US 9.5 to 10Demonia Grip-02 Studded Heart Platform Creepers - Gothic,Goth,Punk,Black,Buckleigi&co Serena Scamscio/Capra Visone/Taupe sneakers sale 77402 , SAS SAN ANTONIO SHOE KILTIE 40 WINE 7.5 M NIB $135 WOMENS LOAFER , NIB VIDORRETA Grey Glitter Riviera Espadrille Shoes Sz 7 Sz 8 Sz 9 Sz 10 290567E , FRYE SCOUT Clogs Shoes Loafers Brown Slip On Casual Womens US 8.5 $195TOD'S Italy -Leather Grip Sole Sport Flats-Size 8,1/2M-Elasticized-White/IvoryEXCELLENT CONDITION STUART WEITZMAN RHINESTONE BALLET FLATS SZ 11 MRALPH LAUREN Pink Suede Flats US8

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.

Paul Green Women's Maxi Slide Slide $275 Retail Patent Mules Size 6 Black Retail $275 7ff1364 -