News Snapshot:
Tesla is planning to export Model 3 vehicles made in China to Asian and European markets, two sources familiar with the matter told Reuters on Friday. The U.S. automaker, which started delivering Model 3 electric sedans from its Shanghai factory in December, also plans from next year to sell China-made Model 3 vehicles to Japan and Hong Kong, one of the sources said. Tesla did not immediately respond to a request for comment. The U.S. firm is expanding its manufacturing capacity in China to make Model Y sports-utility vehicles (SUVs) and adding lines to make more battery packs, electric motors...
