Twitter user “JPR007”Tweeted on October 4 that Tesla had fully repaid its loan in China. The user pointed out that Tesla’s balance sheet in Q2 2021 no longer shows the US $ 1.4 billion loan or part of it and has been taken off the site altogether. Removing this line item means that all restrictions on Tesla related to these loans have ended.

Tesla CEO Elon Musk then commented on the news via his Twitter feed: “Tesla still pays his debtsWhich indirectly confirmed the news.

Tesla received this loan at the end of 2019. It is reported that the loan obtained by the company at that time was mainly to be used to pay off Tesla’s existing debts, expand Tesla’s plant in Shanghai, and support its business development in China.

In addition, Tesla held its annual general meeting of shareholders at the Austin, Texas super plant on Thursday. CEO Elon Musk praised the Shanghai super plant for its “incredible vehicle quality and operational efficiency.”

At the shareholder meeting, Musk said Tesla’s corporate headquarters will officially move from Palo Alto, California, to Austin, Texas. “Bay Area space is limited,” Musk said, “but that doesn’t mean Tesla will abandon California. Tesla will continue to expand in California.

Musk again touched on the spare parts shortage. He said that “Tesla is not only plagued with shortage of chips, but also in a state of shortage of various parts.”

“Tesla had to increase car prices slightly due to supply shortages, but hopefully this is temporary.” He also pointed out that Tesla needed more batteries, including batteries from suppliers, and more batteries from the company itself.

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Asked about mass production of the 4680 battery, Musk said production of the 4680 battery might not start in Texas this year, but the Fremont plant is ramping up production. He pointed out that the Fremont plant itself is a large battery plant with a capacity of 10 GWh. “It takes longer to achieve mass production than it takes to build a factory,” Musk said. “Taking Shanghai Gigafactory as an example, it took 11 months to build, but it took 12 months to reach mass production. “

Supply chain issues also affected the Semi and Cybertruck roster. Musk added that even if Tesla started producing Semi and Cybertrucks now, there would be no mass production anyway due to supply chain issues. He predicted that the parts shortage will be resolved in 2023, and Cybertruck and Semi will begin mass production in 2023.