IPFS News Link • China
ELON MUSK: We'll Make Teslas In China Within Four Years
• http://www.businessinsider.com, Antony IngramAccording to Bloomberg, Tesla's plans also include building a network of battery charging stations in the country—both Tesla's dedicated Supercharger stations and others too.
Tesla CEO Elon Musk described China as "very important" to the future of the company, speaking at a conference in Beijing.
He said Tesla will make a "big investment" in the country in terms of charging infrastructure, but also expects to make cars in China in the next three to four years.
The move is likely to involve a joint-venture with a Chinese automaker to avoid punitive duties—just as Audi, BMW, Mercedes, Jaguar-Land Rover and several other automakers do (or plan to do) to avoid the country's heavy tax penalties.