Tesla Is Negotiating with China to Produce EVs Domestically

Everybody in the biz wants a piece of China’s massive car market. The communist country currently has the biggest demand for new cars on the planet and with the government’s plans to reduce carbon emissions and clean up the air, electric vehicle makers are among the first to knock on the nation’s door. Tesla Motors CEO Elon Musk said local productions could cut sales prices of Tesla cars in China by a third,…