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Tesla China Factory

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.

Tesla Motors Inc. is reported to have signed a non-binding agreement with Jinqiao Group for setting up a production base in Shanghai.

Tesla to Build a Factory in China if...

Jenia Cane   | May 23, 2016 08:23 PM EDT

American auto giant Tesla wants to see a more significant increase in its car sales in China before it decides to build a factory in the country.

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