Tesla plans to invest $5 billion building factory in China: Bloomberg

(Reuters) - Tesla Inc (TSLA.O) is planning to invest $5 billion to build a factory in China, Bloomberg reported on Wednesday, citing a source.

FILE PHOTO: A Tesla logo adorns a 'Model S' car in the dealership in Berlin, Germany, November 18, 2015. REUTERS/Hannibal Hanschke/File Photo

Tesla is considering raising funds in China to finance at least a portion of the investment for the factory, the report said.

Reporting by Shubham Kalia in Bengaluru; Editing by Maju Samuel

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