News Snapshot:
All three sources spoke to Reuters on condition of anonymity due to the sensitivity and confidential nature of the matter. Tesla and von Holzhausen did not respond to emailed requests for comment. China is the world’s biggest auto market, plus the largest for all-electric vehicles with sales volumes expected to reach roughly 1.5 million vehicles there this year, according to consultancy LMC Automotive. It is also Tesla’s No.2 market after the United States. The carmaker’s plans for the design studio are not fully developed, and the sources believe Tesla will likely wait for more clarity on strained U.S.-China relations under...
