NEW YORK -- Tesla is required to contribute roughly $323 million in annual Chinese taxes starting at the end of 2023 as part of the company's lease agreement with the Shanghai municipal government.
Elon Musk must return Gigafactory site to city if unable to pay starting in 2023

Tesla will produce 150,000 cars in the first trial production phase at its Shanghai factory. © Reuters
NEW YORK -- Tesla is required to contribute roughly $323 million in annual Chinese taxes starting at the end of 2023 as part of the company's lease agreement with the Shanghai municipal government.