U.S. Markets close in 1 hr 30 mins

Tesla plans to invest $5 billion building factory in China: Bloomberg

(Reuters) - Tesla Inc (TSLA.O) is planning to invest $5 billion to build a factory in China, Bloomberg reported on Wednesday, citing a source.

Tesla is considering raising funds in China to finance at least a portion of the investment for the factory, the report said.

(Reporting by Shubham Kalia in Bengaluru; Editing by Maju Samuel)