Tesla Gets a Warning in China as it Loads Up on Bitcoin
It's an eventful Monday morning for Tesla (NASDAQ: TSLA). Here are some of the stories making new as the U.S. stock markets open the week.
Five Chinese government agencies, including the powerful State Administration for Market Regulation (SAMR), summoned Tesla executives to a meeting to remind the company that it must "strictly comply" with Chinese laws and regulations, a stern and significant warning by Chinese standards.
The move was prompted by several recent incidents reported in Chinese media, including battery fires, problems with over-the-air updates, and consumer complaints of unintended acceleration.
Source Fool.com
