Construction workers are seen inside the Gigafactory of Tesla Inc. in Shanghai in this file photo. Tesla agreed to pay China 2.23 billion yuan (US$323 million) in tax every year as part of a deal with local authorities to build an electric vehicle factory on the outskirts of Shanghai. Under the terms of the lease with the Shanghai government, Tesla must start generating the annual tax revenues at the end of 2023 -- or hand the land back, the company’s latest quarterly filing shows.SD-Agencies |