The Traderszone Network

Published in TZ Latest News 20 June, 2016 by The TZ Newswire Staff

Rumor: Tesla Motors, Inc. Planning Massive Investment in New China Factory

In line with the company’s goals to dramatically increase production of its vehicles in the coming years, electric-car maker Tesla Motors (NASDAQ: TSLA) is reportedly working on a deal to begin a $9 billion joint venture in China to build a factory for local production in the country, according to Bloomberg, which cites “a person with knowledge of the matter.”

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