Tesla sets up Shanghai financial leasing unit as China plans accelerate
https://www.cnbc.com/2018/12/28/tesla-sets-up-shanghai-financial-leasing-unit-as-china-plans-fire-up.html
Tesla has registered a financial leasing company in China, a local business registration filing shows, in the latest sign the U.S. electric car maker is attempting to speed up its push into China.
The California-based carmaker, led by billionaire Chief Executive Elon Musk, has opened a wholly owned financial leasing unit in Shanghai's free trade zone with registered capital of $30 million, according to China's National Enterprise Information Publicity System.