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Why China loves Tesla

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Business Insider

67 views • Jun 05, 2020

Description

Despite being a California-based company, it's China where Tesla seems to have found its biggest fans. The past few years have seen the company's Chinese sales continue to skyrocket, and with its Shanghai factory now operational, there's no telling how many China-built cars they could sell. So why does China and its buyers adore Tesla so much? Well, with the money the China stands to make off the new Gigafactory, the boost Tesla could give the country's struggling car industry, and the pedestal China puts EVs on, it could be a match made in heaven.

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