...Tesla Inc has registered a construction company in China, a business registration filing shows, the latest sign Tesla is pushing ahead with its plans in the world’s biggest auto market. — Reuters
According to China's National Enterprise Information Publicity System, the new construction unit has opened with a registered capital of $1 million and a scope that includes architectural design, construction, and building materials, Reuters reports.
The purpose of the construction company isn't clear, but with Tesla's recent erection of manufacturing facilities in Shanghai, one could deduce that their future building operations may be better off "in-house."
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