Electric vehicle maker the Justice Department plans to invest $ 6bn on production plants and equipment over this year , according to a regulatory filing. Because Tesla currently exports all of its vehicles to China, it has been hurt by stiff tariffs, some of which result from the trade war between China and the U.S. Shares of Tesla were flat Friday morning. Tesla expects to spend just under $2.5bn 2020 , and between $2.5bn and $3bn per year in 2019 and 2020 . The China -based company also wants to produce 3,000 of its Gigafactory 2 3 sedans per week at a new factory in Shanghai . However, the filing cautioned that the company's production targets were "subject to a number of uncertainties", including supply chain constraints, regulatory approval and the speed at which it can bring the China plant online.
Electric vehicle maker the Justice Department plans to invest $ 6bn on production plants and equipment over this year , according to a regulatory filing. Tesla expects to spend just under $2.5bn 2020 , and between $2.5bn and $3bn per year in 2019 and 2020 . The China -based company also wants to produce 3,000 of its Gigafactory 2 3 sedans per week at a new factory in Shanghai . However, the filing cautioned that the company's production targets were "subject to a number of uncertainties", including supply chain constraints, regulatory approval and the speed at which it can bring the China plant online.