Tesla sets up Shanghai financial leasing company as China plans accelerate

People visit a Tesla Model S car during the Auto China 2016 in Beijing, China, April 25, 2016. REUTERS/Jason Lee/File Photo

Tesla Inc has registered a financial leasing company in China, a regional business registration filing shows, in the recent sign the U.S. electric automaker is trying to speed up its push into China. The California-based automaker, led by CEO Elon Musk, has started a wholly-owned financial leasing unit in Shanghai’s free trade zone with registered […]