China could be the 'swing factor' for Tesla's stock as first Model 3 cars roll out to Chinese consumers

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China could be the 'swing factor' for Tesla's stock as first Model 3 cars roll out to Chinese consumers
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China could be the 'swing factor' for Tesla's stock as Model 3 cars roll out to Chinese consumers

are just a few names trying to make it in the electric vehicle race. Executives at those startups are hoping Tesla's entrance into the Chinese market will give them a boost too.

"I think having Tesla starting a big push in China will be both challenge and opportunities for Chinese players. Everyone, especially the tech focused players, will benefit from increased consumer enthusiasm for smart, autonomous driving, capable EVs," Brian Gu, president of another Chinese electric car upstart Xpeng Motors, told CNBC.

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