<p><a href="http://dailywire.com/topic/tesla" target="_blank" rel="noopener">Tesla</a> said it will build an additional plant in Shanghai, <a href="http://dailywire.com/topic/china" target="_blank" rel="noopener">China</a>, to meet worldwide demand for large batteries even after the communist nation’s manufacturing <a href="http://dailywire.com/topic/economy" target="_blank" rel="noopener">sector</a> took several blows as a result of aggressive government <a href="http://dailywire.com/topic/lockdowns" target="_blank" rel="noopener">lockdowns</a>.</p>
<p>The electric automaker <a href="https://twitter.com/Tesla/status/1645115732760436739?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1645116142791393283%7Ctwgr%5Ef77c0341644afcb21e8a8f5078587f5db1730165%7Ctwcon%5Es3_&amp;ref_url=https%3A%2F%2Fwww.cnbc.com%2F2023%2F04%2F09%2Ftesla-to-open-a-new-megafactory-in-shanghai-china-company-says.html" target="_blank" rel="noopener">revealed</a> on Sunday that the new Megafactory in Shanghai will be capable of annually producing 10,000 powerful utility-scale energy <a href="https://www.tesla.com/en_eu/megapack" target="_blank" rel="noopener">storage</a> batteries, which the firm calls Megapacks. Each unit can store three megawatt-hours of energy capable of powering 3,600 homes for one hour in the event of an outage.</p>
<p>Tesla CEO Elon Musk <a href="https://twitter.com/elonmusk/status/1645116142791393283?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1645116142791393283%7Ctwgr%5Ef77c0341644afcb21e8a8f5078587f5db1730165%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.cnbc.com%2F2023%2F04%2F09%2Ftesla-to-open-a-new-megafactory-in-shanghai-china-company-says.html" target="_blank" rel="noopener">announced</a> on social media that the Megafactory will “supplement output” from a similar facility in Lathrop, California, which can likewise produce 10,000 units per year, equal to 40 gigawatt-hours of energy <a href="https://www.tesla.com/megafactory" target="_blank" rel="noopener">storage</a> capacity. Musk visited Shanghai over the weekend, meeting with local officials and possibly visiting the company’s existing vehicle assembly plant in the city, according to a <a href="https://www.bloomberg.com/news/articles/2023-04-08/musk-to-visit-china-this-weekend-with-possible-tesla-plant-stop" target="_blank" rel="noopener">report</a> from Bloomberg.</p>
<p>The expansion into China occurs after the nation’s manufacturing sector experienced severe disruption amid harsh government lockdowns and public health measures, the impacts of which were felt across the globe through supply chain disruptions and worsened inflation. American manufacturing orders from China had plummeted as much as 40% at the end of last year, according to <a href="https://www.cnbc.com/2022/12/04/manufacturing-orders-from-china-down-40percent-in-demand-collapse.html" target="_blank" rel="noopener">data</a> from the CNBC Supply Chain Heat Map.</p>
<p>Prominent American companies moved their operations to rising manufacturing economies in response to the lockdowns, which shuttered Shanghai and other prominent cities for months with little warning. Apple <a href="https://www.dailywire.com/news/apple-shifts-ipad-manufacturing-away-from-china-due-to-harsh-covid-lockdowns" target="_blank" rel="noopener">moved</a> some iPad production out of Shanghai last summer, while anti-lockdown protests at the world’s largest iPhone manufacturing facility in Zhengzhou prompted the company to <a href="https://www.dailywire.com/news/chinese-manufacturing-is-quickly-collapsing" target="_blank" rel="noopener">accelerate</a> production shifts to nations such as India and Vietnam.</p>
<p>Musk emerged as a leading critic of lockdown orders despite his willingness to expand operations in China. The world’s richest man grew increasingly <a href="https://www.dailywire.com/news/elon-musk-says-tesla-moving-headquarters-from-california-to-texas" target="_blank" rel="noopener">frustrated</a> as lockdowns in California prevented the reopening of Tesla facilities during the spring of 2020, calling the phenomenon “the final straw” and moving the automaker’s corporate headquarters to Texas.</p>
<p>The gross domestic product of China has increased at an average 9% annual rate since the country opened and reformed its economy more than four decades ago, according to <a href="https://www.worldbank.org/en/country/china/overview" target="_blank" rel="noopener">data</a> from the World Bank, enabling more than 800 million residents to escape poverty. Higher levels of prosperity and an increasingly sophisticated economy, on the other hand, has caused a rapid surge in Chinese wages such that American firms are increasingly likely to keep their operations in the United States, Canada, or Mexico, according to <a href="https://ins-globalconsulting.com/news-post/labor-cost-china/" target="_blank" rel="noopener">data</a> from consulting firm INS Global.</p>
<p>Geopolitical tensions surrounding the possible Chinese <a href="https://www.dailywire.com/news/china-simulates-precision-strikes-on-key-targets-in-taiwan-after-presidents-u-s-visit" target="_blank" rel="noopener">invasion</a> of Taiwan and suspected <a href="https://www.dailywire.com/news/defense-officials-worry-about-new-chinese-espionage-threat-report-says" target="_blank" rel="noopener">espionage</a> from Chinese technology firms have also contributed to worsened trade relations with the United States. Senior officials in the Biden administration are moving to <a href="https://www.dailywire.com/news/white-house-refining-executive-order-banning-american-companies-from-investing-in-key-chinese-sectors" target="_blank" rel="noopener">prohibit</a> American companies from investing in Chinese firms involved with developing sensitive technologies such as advanced semiconductors, quantum computing, and artificial intelligence.</p>
<p><b data-stringify-type="bold"><a class="c-link c-link--focus-visible" href="https://onelink.to/dwapp" target="_blank" rel="noopener noreferrer" data-stringify-link="https://onelink.to/dwapp" data-sk="tooltip_parent">CLICK HERE TO GET THE DAILY WIRE APP</a></b></p>
<p>Tesla, which reported the <a href="https://www.dailywire.com/news/tesla-posts-highest-profits-ever-despite-concerns-about-musks-twitter-purchase-causing-brand-risk" target="_blank" rel="noopener">highest</a> quarterly revenues seen in company history last year despite controversy over Musk’s recent acquisition of social media platform Twitter, has also continued to expand operations throughout the United States. The firm unveiled <a href="https://www.dailywire.com/news/an-incredible-investment-tesla-announces-two-new-factories-3-6-billion-investment-in-nevada" target="_blank" rel="noopener">intentions</a> to construct two new factories in Nevada that will increase manufacturing capacity for battery cells and <a href="https://www.dailywire.com/news/musk-appears-with-newsom-to-announce-new-tesla-hq-in-california" target="_blank" rel="noopener">opened</a> a new hub for technology employees in California.</p>

<script async src="https://www.tiktok.com/embed.js"></script>
<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Tesla To Build New Battery Factory In Shanghai After Musk Visit

CONTINUE READING

Bud Light Sales Continue To Plummet, May Soon Lose Status As Number-One Beer

‘Profoundly Christian’: Former Head Of Anglican Church Presses British Government To Endorse Assisted Suicide

Ben Shapiro Reacts To Debt Limit Deal, Hits Both Democrats And Republicans Over Spending Habits

‘The Chosen’ Defends Pride Flag Spotted On Set: ‘Let The Show Speak For Itself’

Chick-Fil-A Faces Backlash As Their Diversity Efforts Resurface, Other Woke Brands Take Beating

North Korea Sentenced Two-Year-Old To Life In Prison After Family Caught With Bible: State Department

News

Business

China

Elon Musk

General

Tesla

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Tesla To Build New Battery Factory In Shanghai After Musk Visit