Musk intends to inaugurate Tesla’s presence in China at the end of March. In the US, assembly preparations for the Model S got off to an uncertain start back in 2012, before the company surprised investors and analysts at the start of 2014 by announcing fourth quarter deliveries 20% above target.
Introducing local facilities in China designed specifically for the Model S will be an interesting lesson for other OEMs and logistics providers, as they witness how popular the electric vehicles prove in a growing economy concerned with dangerous pollution levels.
“It could be as big as the U.S. market, maybe bigger. I don't want to get overexcited about it,” Musk told Bloomberg. “Even without building there locally, it's always going to be the second-biggest market after the US.”
It is reported that Tesla is also aiming for expansion into European and Japanese markets.