China media reported:
Royal Bank of Canada Capital Markets Analyst Joe Spak mentioned Tesla will raise about $1.3 billion USD locally (local banks in China), with interest rates likely to be 3%-5% for GigaFactory 3 in Shanghai, China
The Chinese government owns all the banks in China, keep that in mind. Also In China, the government will use the “policy economy” to help companies they want to support (etc. special interest rate loan)
Tesla Zhejiang (China ) Members Club once again had a party of more than 180 people with their Tesla Model S and X at Banyan Tree Anji.
More Tesla owners in other cities of China
“Tesla Model X” theme wedding in China
Tesla China official website shows that Tesla has begun to accept standard-range electric vehicle Model 3 pre-order, Chinese users can pay for the 8,000 yuan (around $1160 USD) deposit on the official website to pre-order this car online. Model 3 will start deliver in 2019. Starting price $35000 USD