Tesla's 10-K Suddenly Reveals Regulatory Approval Uncertainty For The China Factory [Seeking Alpha]
Tesla, Inc. (TSLA)
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Tesla's 10-K Suddenly Reveals Regulatory Approval Uncertainty For The China Factory Summary Tesla’s 10-K filing with the SEC mentions, at least four times, regulatory uncertainty regarding approvals for its China factory. On Jan. 6, my piece on Seeking Alpha pointed out the CEO of Tesla’s Chinese competitor Byton who said that Tesla lacks a production license for China. Before breaking ground and investing money and intellectual property into a plant in China, it would be wise to have all regulatory approvals in place. Tesla seems to be very clear about the fact that it doesn’t have them in place. Well, what approvals precisely? Tesla needs to be specific here. Investors face huge risk if Tesla invests huge amounts of money into China if the terms of the investment are not crystal clear from a legal standpoint. Did you think Tesla ( TSLA When you are breaking ground on a factory that would cost - depending on who and when you ask - anywhere between $500 million and $2 billion - one s
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