Tesla mulls tapping local investors to finance $5b China factory

Tesla mulls tapping local investors to finance $5b China factory

Tesla CEO Elon Musk speaks during a Tesla event in Palo Alto, California October 14, 2015. REUTERS/Beck Diefenbach

Tesla Inc., under fire from investors for burning through cash as it ramps up production, will look to China to at least partially fund the cost of building its first factory in the world’s fastest-growing auto market.

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