Chinese Government Encourages Tesla To Expand Business In Shanghai

Tesla's relationship with China continues to look cozy heading into the second half of 2023, with Shanghai party chief Chen Jining reportedly encouraging Elon Musk to expand his business in China. At the conclusion of a trip through China for Musk, on Thursday Bloomberg reported in a wrap-up that Musk was told to expand his investment and businesses in Shanghai, citing an official government statement.  The city is reportedly seeking "deepening cooperation with Tesla on electric vehicles and energy storage sector". Tesla…