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TESLA on China on GOOGLE $JBZY related

https://www.google.com/search?q=%22Tesla+goes+to+China%22&rlz=1C1CHZL_enUS751US751&oq=%22Tesla+goes+to+China%22&aqs=chrome..69i57j0.3276j0j8&sourceid=chrome&ie=UTF-8

https://evannex.com/blogs/news/tesla-goes-to-china

RUMOR MILL: ELON MUSK ANNOUNCING A TESLA FACTORY IN SHANGHAI COULD IGNITE GROWTH IN CHINA [VIDEO]

by Charles Morris
Teslas are becoming common sights in the megacities of China. The company sold 10,400 vehicles in China in 2016 - triple the previous year’s figure - and sales for the first three months of 2017 have put it on track to double that this year. China represented around 13% of Tesla’s global deliveries in 2016, translating to $1.1?billion in revenue. And more growth is just around the corner - reservations for Model 3 in China are second only to those in the US. This week rumors began to surface about plans for a Tesla factory in Shanghai.

Bloomberg reported that, "Tesla Inc. is close to an agreement to produce vehicles in China for the first time, giving the electric-car maker better access to the world’s largest auto market... The agreement with the city of Shanghai would allow Tesla to build facilities in its Lingang development zone and could come as soon as this week... Tesla would need to set up a joint venture with at least one local partner under existing rules and it isn’t immediately clear who that would be."