LAS VEGAS, U.S. -- Electric vehicle maker Tesla broke ground Monday on its Shanghai Gigafactory with the goal of starting production on its Model 3 mass-market sedan in China by the end of the year.
CEO Elon Musk, who attended the groundbreaking ceremony with Shanghai Mayor Ying Yong, wrote on Twitter Sunday that the company aimed to "finish initial construction this summer, start Model 3 production end of year & reach high volume production next year."
