Report: Tesla (NASDAQ: TSLA) Might Be Expanding Its Gigafactory

Electric automaker Tesla Inc (NASDAQ: TSLA) is reportedly looking to expand its China-based Gigafactory 3 facility, according to Electrek.

Tesla's Gigafactory 3 in Shanghai will likely play a bigger than previously expected manufacturing role amid ongoing China-U.S. trade tensions, Electrek reported Monday.

If Tesla manufactures components in the facility for production in China, it will avoid import tariffs in the largest global auto market.

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