tesla china chief unveils aggressive growth plan for china _ reuters

5/28/2018 Tesla China Chief Unveils Aggressive Growth Plan for China _ Reuters

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3/16/2014 Tesla China chief unveils aggressive growth plan for China | Reuters

http://www.reuters.com/article/2014/01/24/us-tesla-china-idUSBREA0N0O720140124

BY NORIHIKO SHIROUZU

BEIJINGFri Jan 24, 2014 6:17am EST

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China

Tesla China chief unveils aggressivegrowth plan for China

(Reuters) - U.S. electric carmaker Tesla Motors Inc (TSLA.O)

expects its China sales to contribute one third of global sales

growth this year, a senior executive said, adding that a trademark

issue stalling full-entry into China had been resolved.

Veronica Wu, v ice president of Tesla's China operations, told Reuters the Palo Alto,

California-based company planned to open stores in 10-12 Chinese cities by the end of 2014,

including its flagship store in Beijing that opened late last year.

Wu, the 43-year-old executive who jumped ship to Tesla from Apple's China unit at the end

of last year, said Tesla China had a "very aggressive growth objective".

She said the unit w as aiming to contribute "30 to 35 percent" of Tesla's overall global sales

growth targeted for 2014.Track China's Leaders

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CREDIT: REUTERS/YUYA SHINO

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See All Comments

We welcome comments that advanc e the story through relevant opinion, anecdotes, links and data. If you see a comment that

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Comments (1)

Faheywrote:

Hmm. Another Apple/Tesla overlap makes me wonder about a possible acquisition someday.

Jan 24, 2014 7:20am EST -- Report as abuse

This discussion is now closed. We welcome comments on our articles for a

limited period after their publication.

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tesla china chief unveils aggressive growth plan for china _ reuters

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