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Friday, Oct 11
Tricky question for Tesla in China
- Reports indicate Tesla (TSLA +1.9%) began taking reservation for the Model S this week in China, despite it not having a local partner.
- GM, Ford, and Volkswagen have racked up impressive sales gains in China by partnering with local manufacturers to stay in compliance with Chinese regulators.
- For Tesla the question of scale come into play. Will the automaker turn over important technology secrets to a local JV partner with Model S sales in China likely to be low?