Tesla said close to agreeing on plan for China production

Sources say that Tesla is close to an agreement with the Chinese city of Shanghai to build factories which would give the electric car manufacturer better access to the world's largest auto market.
Photo: /ritzau/Niels Hougaard/
Photo: /ritzau/Niels Hougaard/
BY BLOOMBERG NEWS

Tesla Inc. is close to an agreement to produce vehicles in China for the first time, giving the electric-car maker better access to the world's largest auto market, according to people familiar with the matter.

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