Part 5/12:
Tesla is reportedly planning to restart construction of the third phase of its Shanghai Gigafactory, dedicated to producing a new $25,000 vehicle—a potential game-changer in affordable EV segment. China remains a strategic location for Tesla to ramp up production of next-generation vehicles, provided geopolitical stability holds.
Meanwhile, the feasibility of constructing a factory in India faces increased uncertainty. Long-term plans include producing 4 million next-generation vehicles annually, with 1 million allocated for China. Given the challenges of establishing a supply chain and local consumer preferences—who favor cheaper cars—Tesla might prioritize developing an even more affordable, compact vehicle tailored for the Indian market.