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Tesla up 1.7%; Musk vows to build cars in China
SAN FRANCISCO (MarketWatch) -- Shares of Tesla Motors Inc. (NASDAQ:TSLA) are up 1.7% in early trading Tuesday as the company started selling its cars in China and Chief Executive Elon Musk vowed to build cars in the country in the next three to four years. Musk said the company will invest big on building a network of charging stations in the country as fast as it can to serve its Chinese customers, according to reports. Musk has said it hopes to sell about 5,000 vehicles a year in China.
SAN FRANCISCO (MarketWatch) -- Shares of Tesla Motors Inc. (NASDAQ:TSLA) are up 1.7% in early trading Tuesday as the company started selling its cars in China and Chief Executive Elon Musk vowed to build cars in the country in the next three to four years. Musk said the company will invest big on building a network of charging stations in the country as fast as it can to serve its Chinese customers, according to reports. Musk has said it hopes to sell about 5,000 vehicles a year in China.