Tesla Gets China's OK for Long-Range Model 3 and Begins Hiring Staff in China for Solar, Battery Storage Efforts

Investors were treated today to two significant developments affecting Tesla's (NASDAQ: TSLA) expansion plans in China.

The first came when China's Ministry of Industry and Information Technology announced that the company had been approved to sell longer-range versions of its popular Model 3 in China. The second was Tesla's first-ever posting seeking solar and energy storage project managers in China.

Put together, these announcements signal a major expansion in Tesla's Chinese operations.

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Source Fool.com