Tesla has global ambitions, and they're eyeing the world's largest EV market -- China. Just last month, Tesla signed agreements with the Chinese government to build a $2 billion factory, and they've wasted no time trying to get operations underway. Hiring has begun with Tesla looking for senior positions in architectural design, finance, and operations. All positions require at least six years of experience.
With Tesla's Shanghai factory, the EV car maker will essentially double it's global manufacturing output, as it aims to become the undisputed leader in green driving. The move comes as Tesla reported its largest quarterly loss in history last week, having burned through $430 million in cash over the quarter. Tesla said it lost more than $717.5 million in Q2, but its cash burn rate was less than investors expected, and the company had $2.2 billion in cash at the end of the quarter.