News Snapshot:
Tesla has gotten the green light to sell its Model Y sports utility vehicle in China. The world's most valuable automaker has been ramping up manufacturing capacity at its 2$ billion Shanghai Gigafactory. It already makes and sells the Model 3 sedan on the mainland - 13,000 cars in October alone. The Gigafactory is central to Tesla's global growth strategy. China is not only the world's largest auto market, it also has a government eager to boost electric vehicles. As part of its war on pollution, Beijing offers hefty subsidies for electric vehicles. It has also been expanding its nation-wide...
