As with most Western companies, Tesla hasn’t been able to find much success in China, but that’s not a market that Tesla can afford to miss out on. Elon Musk claims that his company is “doing reasonably well” there, but that’s not enough, which is why Tesla is planning to open a manufacturing facility in the country within the next few years. This will allow the company to avoid things like shipping costs and taxes, which means that it can afford to lower the prices of its vehicles and make them more appealing to Chinese consumers.
