Tesla Makes Headway in China, Tripling Sales in 2016

Has Tesla, and its CEO Elon Musk, finally cracked the code to selling electric cars to Chinese buyers after a couple years of underwhelming sales?

This week the automaker revealed in a filing that revenue from China in 2016 tripled to more than $1 billion from just $318 million in 2015.

While Tesla’s U.S. sales dwarfed what it sold in China last year, with about $4.2 billion in revenue, China’s emergence as a growing market for Tesla is important. The co

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