Tesla is betting big on China, and here's what Elon Musk had to say about it

Tesla is betting big on China, and here's what Elon Musk had to say about it

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/01/31/elon-musk-on-big-plans-for-china.html

To tap into a growing market for electric vehicles in China, Tesla is betting big on the region -- and executives talked up the company's efforts there on an earnings call this week.

Specifically CEO Elon Musk and Tesla's retiring CFO Deepak Ahuja emphasized their aims to get the Tesla Shanghai Gigafactory up-and-running this year, and to deliver U.S-made Model 3 sedans to customers in China immediately. Musk expressed concern that trade tensions between China and the U.S. could escalate, resulting in higher import taxes or tariffs, and other problems for Tesla.

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