Tesla’s China Dream Threatened by Standoff Over Shanghai Factory

Tesla Inc., the biggest-selling electric carmaker in the U.S., is in danger of being relegated to an expensive niche in China because Elon Musk can’t clinch a deal to open a factory there. More than seven months after Tesla said it was working with Shanghai’s government to explore assembling cars, an agreement hasn’t been finalized because the two sides disagree on the ownership structure for a proposed factory, according to people with direct knowledge of the situation.

Source: Tesla’s China Dream Threatened by Standoff Over Shanghai Factory