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Tesla sets up Shanghai financial leasing unit as China plans accelerate

Tesla sets up Shanghai financial leasing unit as China plans accelerate

5 years ago
Anonymous $L9wC17otzH

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.