provides subsidies for manufacturers who build electric cars, so Tesla will be entering a competitive space. In the video above, Business Insider's senior finance correspondent Linette Lopez breaks down what Tesla could lose or gain in China.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla Reaches Deal With Lenders in ChinaThe electric-car maker said a syndicate of lenders agreed to invest as much as $521 million in its factory in Shanghai. Jobs for US... Ha ! Here we go. Another intellectual property theft. Hard to imagine why American entrepreneurs sell their souls to the devil for cash. Everyone should start teaching their children to speak Mandarin. It's not if, it's when!
Source: WSJ - 🏆 98. / 63 Read more »
Tesla reached an agreement with a group of Chinese banks to secure over $500 million in loans for its new Gigafactory in ShanghaiThe funds will go toward the electric-car makers new Gigafactory in Shanghai, and can also be used for investments in the US and elsewhere. Daaaaaaaayum bundling it with ownership in SpaceX too ? Say bye bye to American made. It’s over folks. Soo much winning going on...
Source: BusinessInsider - 🏆 729. / 51 Read more »