October 23, 2015 / 8:29 AM / in 2 years

Tesla CEO says could start China car production in two years: official blog

SHANGHAI (Reuters) - Tesla Motors Inc (TSLA.O) could begin producing cars in China in two years, chief executive Elon Musk said.

Tesla CEO Elon Musk speaks about new Autopilot features during a Tesla event in Palo Alto, California October 14, 2015. REUTERS/Beck Diefenbach

Local production could reduce the sales price of Tesla models in China by around a third, according to a transcript of his remarks at a Tsinghua University event in Beijing that was posted on the company’s official blog late on Thursday.

Reporting by Jake Spring and Beijing newsroom

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