China Tesla
$9 Billion Deal to Bring Tesla Factory to China
| Phenny Lynn Palec | | Jun 27, 2016 12:23 AM EDT |
New reports claim that American automotive and energy storage company Tesla Motors has agreed to a non-binding agreement with the Chinese state-owned company Jinqiao Group. It is believed that Tesla will give the rights to Jinqiao Group to construct a production plant in the Chinese city of Shanghai.
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