Tesla charges ahead in China as it burns through cash

Electric car maker plans world's second plant following relaxed ownership rules

0504N Tesla

Tesla has won the heart of the Chinese but currently ships all products from the U.S.

TAKESHI SHIRAISHI, Nikkei staff writer

PALO ALTO, U.S. -- Tesla has chosen China for the location of its second vehicle assembly plant, gaining a foothold in the world's largest electric car market in a bullish expansion strategy that masks the company's precarious finances.

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