Hyperdrive
Tesla's Musk to Visit Shanghai for Event With Government
- Electric-car maker has been working on building local factory
- Efforts have taken on more urgency amid U.S.-China trade war
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Tesla Inc.’s Elon Musk is due to be in Shanghai at an event with the government on Tuesday, according to people familiar with the plans, as the U.S.-China trade war upends the world’s largest market for electric vehicles.
The chief executive officer also plans to visit Beijing on Wednesday and Thursday, said one of the people, who asked not to be identified because the information isn’t public. While details of the trip weren’t immediately available, Tesla has been working on setting up a production facility in China for more than a year.