{"id":505,"date":"2019-08-06T10:00:13","date_gmt":"2019-08-06T14:00:13","guid":{"rendered":"https:\/\/www.autobison.com\/?p=505"},"modified":"2019-08-05T12:34:31","modified_gmt":"2019-08-05T16:34:31","slug":"tesla-paying-323-million-in-taxes-for-chinese-plant-getting-us-dollars-for-us-plant","status":"publish","type":"post","link":"https:\/\/www.autobison.com\/2019\/08\/tesla-paying-323-million-in-taxes-for-chinese-plant-getting-us-dollars-for-us-plant\/","title":{"rendered":"Tesla Paying $323 Million in Taxes for Chinese Plant, Getting US Dollars for US Plant"},"content":{"rendered":"
Bloomberg claims that Tesla has agreed to pay local Chinese governments around $323 million taxes each year to build a Shanghai plant on government property. The payments must start at the end of 2023, or the company has to return the land, complete with its factory. In addition, Tesla must invest around $2 billion on the plant itself over the next five years.<\/p>\n
Tesla claims it plans to make around 500,000 cars there in the next 12 months, though traditionally Tesla has delivered less than promised, later than promised.<\/p>\n