Elon Musk is in China this week to visit Tesla’s Shanghai plant—and government officials. The Tesla CEO’s trip is his first to the country in three years and comes at a delicate time as the electric-vehicle maker considers where to expand its manufacturing capacity, while facing increased competition from Chinese rivals.
Musk spoke to Chinese Foreign Minister Qin Gang on Tuesday and said Tesla (ticker: TSLA) is willing to expand its business in the country, according to a statement from the Chinese foreign ministry, translated…
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