As China Prepares to Let Foreign Automakers Go It Alone, a Tesla Firm Shows Up in Shanghai

China's recently announced plan to scrap its 50 percent foreign ownership rule for auto assembly plants could be just the doorway into the market Tesla CEO Elon Musk was looking for. It appears he's already capitalized on it. The electric automaker registered an electric car firm in Shanghai on May 10th, Reuters reports, in the […] The post As China Prepares to Let Foreign Automakers Go It Alone, a Tesla Firm Shows Up in Shanghai appeared first on The Truth About Cars. from The Truth About Cars https://ift.tt/Jh8LjA