Business
Tesla's China sales to catch up with US in 5 years
CRI, October 26, 2015
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CEO of electric automaker Tesla Motors Elon Musk says it will probably see equal or higher sales of Tesla in China than in the United States over the next five years.
![A Tesla Model S is presented at the Frankfurt Motor Show in Frankfurt, Germany, on September 15, 2015. [Photo: yicai.com]](../../attachement/jpg/site1007/20151026/7427ea210acc1797be4507.jpg "A Tesla Model S is presented at the Frankfurt Motor Show in Frankfurt, Germany, on September 15, 2015. [Photo: yicai.com]")
A Tesla Model S is presented at the Frankfurt Motor Show in Frankfurt, Germany, on September 15, 2015. [Photo: yicai.com]
Data shows that sales of Tesla in the Chinese market reached over 3-thousand cars in the first three quarters.
Musk says the company is in talks with officials at the national and provincial levels about potential joint ventures here in China.
In addition, the CEO introduced earlier that Tesla is planning to localize production and engineering in China in three years.
Tesla has been increasing its retail outlets and supercharging networks in China.
It currently has 84 superchargers and 15-hundred destination chargers across the country.
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