PLANS FOR CHINESE PLANT CIRCULATING

A project plan called “Tesla project for Suzhou” is bouncing around local media. Tesla’s local chief confirms the company is getting serious about Suzhou as the site of its crucial Chinese plant.

How crucial? It will drop the price of Tesla’s cars by a third, by chopping transport costs and avoiding tariffs.

*Tesla has not commented on the alleged meeting in China that took place on March 13.

Check out the full report on the Tesla meeting (and the steep tariffs the Model S faces) in China at the Global Times here.

Pin Denotes Location Of Suzhou

Pin Denotes Location Of Suzhou

*Editor's Note: This and other Tesla-related posts appear on TeslaMondo. Check it out here.