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Tesla to reorganize Asian business with focus on China, 20 Jun '19

Electric car maker Tesla will reorganize its Asian operations and focus on the Chinese market.

According to anonymous sources, Tesla is splitting its Asia Pacific business unit and establishing a new Greater China division covering China, Hong Kong, Taiwan and Macau.

The sources have stated that Zhu Xiaoyu, who replaced Ren Yuxiang as the vice president of operations for Tesla Asia Pacific last year, will be responsible for the new department.

People familiar with the matter said that Zhu Xiaotong, who took over the Tesla Shanghai factory last year, will continue to lead the operation of the plant.

Zhu Xiaotong will also be responsible for the sales and training of China and other teams, while other teams in the Asia Pacific region will go to Tesla. The headquarters in California reports on the work.

The Tesla Shanghai plant, which is still under construction, is scheduled to start operating later this year.

Tesla founder and CEO Elon Musk will bet on China and believes that China is Tesla's largest market after the United States, which can boost sales and restore investor confidence.