Tesla to Pay China $323 Million a Year in Tax for Factory Site
Tesla Inc.’s manufacturing plant stands under construction in this aerial photograph taken in Shanghai, China. (Photographer: Qilai Shen/Bloomberg)

Tesla to Pay China $323 Million a Year in Tax for Factory Site

(Bloomberg) -- Tesla Inc. agreed to pay China 2.23 billion yuan ($323 million) in tax every year as part of a deal with local authorities to build an electric-vehicle factory on the outskirts of Sh...
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