Tesla's $25,000 China-Made Compact Car To Sell Globally

Tesla China, which is set to design a new compact $25,000 Tesla in Shanghai, will eventually sell the model worldwide, Teslarati reported on Tuesday, citing a recent interview of Tesla China's President Tom Zhu with Chinese state-affiliated media outlet Xinhua Net. According to the executive, Tesla China's new compact and cheaper electric vehicle will be designed at the Shanghai factory's research and development (R&D) center, which is already under construction.  "This R&D center is also the first Tesla R&D center outside the…