PREVIEW

... ow-interest loan limits with annual rates as low as 3.9%...

The favorable conditions granted to the Shanghai Super Factory, which make domestic peers envious, do not come without a cost.

In addition to the condition of localizing components, Tesla also needs to continue investing 14 billion RMB in the Super Factory over the next five years.

And starting from 2023, pay taxes to Shanghai at least 2.23 billion RMB annually...

Originally, this was a win-win agreement. ...

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