Automaker plans big expansion to tap into changing public mood toward vehicles

US electric automaker Tesla Motors Inc plans to open at least 10 new stores this year in China, which recently became its second-largest market after the United States in the first quarter of 2016, with a growth rate of more than 300 percent, a senior official of Tesla told China Daily on Wednesday.

"We are very confident about our future in China. The development of our business is sustainable," said Zhu Xiaotong, president of Tesla China.