(Reuters) - Tesla Inc is planning to invest $5 billion to build a factory in China, Bloomberg reported on Wednesday, citing a source.

Tesla is considering raising funds in China to finance at least a portion of the investment for the factory, the report said.

(Reporting by Shubham Kalia in Bengaluru; Editing by Maju Samuel)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Aug 01 2018 | 3:12 PM IST

Next Story