Deals
Musk Says Tesla Will Make Cars in China in Next 3-4 Years
This article is for subscribers only.
Tesla Motors Inc. Chief Executive Officer Elon Musk, who’s preparing to begin deliveries of the Model S electric vehicle in China, forecast the company will be making cars in the country in the next three to four years.
The company is also building a “big” network of battery-charging stations in China, including superchargers in Beijing and Shanghai, the billionaire said at a packed Geekpark Conference in the nation’s capital yesterday. Today, he told reporters in Beijing that the company plans to invest hundreds of millions of dollars in the country.