Money
Why China is belittling Tesla
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.
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.