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LOCATION : SHANGHAI , CHINA REVENUE : US $ 24.9BN EMPLOYEES : 140,473 CEO : ELON MUSK COMPANY FOUNDED : 2003

Based in Shanghai , Tesla has a Gigafactory dedicated to electric vehicle and battery production . One of the manufacturer ’ s major international factories , the Gigafactory is spread over 9.3 million square feet and produces the Model 3 and Model Y vehicles for the Chinese market .

Electric vehicles continue to be popular in China and demand is surging . The Shanghai Gigafactory began operations in late 2020 , and today aims to scale up its production and enhance innovation .

46 September 2024