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Benzinga
Benzinga
Business
Rachit Vats

Tesla Looks To Add A Design Center In Beijing As It Increases Focus On The Growing Chinese EV Market

Tesla Inc. Beijing Elon Musk Giga Shanghai Nasdaq

​​Tesla Inc (NASDAQ:TSLA) plans to open a design center in Beijing, indicating the region's growing importance for the Elon Musk-led company, Reuters reported on Friday, citing a government document.

What Happened: The design and engineering studio will be based in China’s capital city and is aimed at the manufacturing of China-designed electric vehicles that would be sold globally.

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