, Columnist
Tesla’s Future in China Will Be Won on Beijing’s Terms
Musk’s visit raises the prospect of a manufacturing deal and access to capital.
A Tesla supercharger station in front of the company's showroom in Beijing.
Photographer: Giulia Marchi/BloombergThis article is for subscribers only.
Elon Musk is heading to the world’s biggest market for electric cars. Again. This time around, the Tesla Inc. CEO doesn't have much choice.
The carmaker is planning a factory in China with capacity to make 500,000 vehicles a year, its biggest push outside the U.S. to date, people familiar with the matter told Bloomberg News. Musk will be in Beijing on Wednesday. His visit, following Tesla’s move to register a wholly owned subsidiary in the country, could provide the solution to the problems the carmaker is combating at its factories, in financial markets and with its biggest buyers.