July 14, 2014, 10:56 A.M. ET
China Wants Electric Cars, Does it Want Tesla Motors?
On Saturday, China posted new rules that would require at least 30% of government auto purchases to be electric vehicles. It’s not hard to see why investors might question whether the China news is good for Tesla. China has a history of making life difficult for non-Chinese companies to do business in the world’s second largest economy, they prefer Kandi and the numbers show it.