News
23 December 2019

Tesla to take new $1.4bn loan from Chinese banks for Shanghai factory

Region:
Asia-Pacific

US electric vehicle maker Tesla and a group of Chinese banks have agreed a new CNY10 billion ($1.4 billion), five-year loan facility for the company's Shanghai car plant - part of which will be used to roll over an existing loan, three sources familiar with the matter said.China Construction...

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