China is the world's biggest electric vehicle market and Tesla announced in April it would build a second massive factory in Shanghai.
Musk's ties to China have raised eyebrows in Washington, with US President Joe Biden saying in November the executive's links to foreign countries were "worthy" of scrutiny. The new factory, which will have an initial capacity of 10,000 Megapack units per year, is expected to "start production in the second quarter of 2024", according to state news agency Xinhua.Tesla has recently hit its stride after years of losses, scoring an impressive string of earnings records as it has added factories and ramped up production.
Musk has also missed his own deadlines for a fully autonomous vehicle, with Tesla driver-assistance technology spurring US regulatory probes.
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