(Bloomberg) — Tesla Inc. kicked off production in China, marking a major step in Chief Executive Officer Elon Musk’s global push for electric-vehicle domination and heralding what could be the dawn of real competition in the world’s largest EV market.Musk presided over a ceremony on Tuesday at a new multibillion-dollar plant near Shanghai — its first outside the U.S. — where the American company is handing over the first China-made Model 3 sedans to the public. Technically, deliveries began last week but those were to employees.Local production could help Musk build on recent momentum for the company in the country, …read more
Source:: Yahoo Finance
