Tesla factory: Jinqiao and Tesla may invest about US$4.5bil (RM18.2bil) each in the car-making partnership.
Tesla Motors Inc is eyeing Shanghai for its China production base in an investment that could be worth about US$9bil (RM36.55bil), Bloomberg reported.
Tesla has signed a non-binding agreement with Shanghai government-owned Jinqiao Group for the production base, Bloomberg reported on Monday, citing a person familiar with the matter.
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