Why China is belittling Tesla

Published

3 years ago

May 4, 2021

Ahron Young

Electric vehicle maker Tesla is facing scrutiny in China over safety and customer service complaints.

Tesla is now boosting its engagement with regulators and beefing up its government relations team.

The report from REUTERS says Tesla’s change of strategy will lead to more interaction with policymakers in Beijing.

Tesla previously had little interaction in China but it’s now showing its seriousness towards rebuilding its setbacks in the regional market.

TESLA, UNDER SCRUTINY IN CHINA, STEPS UP ENGAGEMENT WITH REGULATORS REUTERS SOURCE@ReutersBiz @elonmusk @Tesla
— First Squawk (@FirstSquawk) May 3, 2021

This comes at a time when China is trying to regulate powerful companies over concerns of market dominance.

Tesla is continuing to expand its government relations team in China to support its business development.

Related Topics:Business electric elonmusk trending

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