Tesla says that it will build a new factory in
Shanghai that will be dedicated to manufacturing the company's energy
storage product mega pack construction of the factory is expected
to start in the third quarter of 2023 with production
due to begin in the second quarter of 2024.
The new factory will initially produce 10,000 mega pack units
a year. It will be Tesla's second factory in
Shanghai after the company opened its first giga factory in
that city back in 2018.