PALO ALTO, California -- Tesla raised its profitability game in the third quarter as Gigafactory Shanghai, its most cost-effective plant, further lowered the cost for each vehicle made there.
Electric vehicles
Tesla returns to profit growth as Shanghai plant further lowers costs
Second China factory will begin battery production in 2025, Musk said
Data from the China Passenger Car Association showed that Tesla's Gigafactory Shanghai delivered 249,135 vehicles in the July-September period. © Reuters
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