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Elon Musk Needs China. China Needs Him. The Relationship Is Complicated.

·12 min read
Elon Musk Needs China. China Needs Him. The Relationship Is Complicated.
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  • TSLA
  • AAPL

To attract Tesla, Beijing rewrote its rules for foreign auto businesses and offered tax incentives and cheap land. In return, the company would jump-start China’s homegrown electric-vehicle industry. But now, the auto giant is entering bumpier terrain.