China Will Be a Key Focus for Tesla Motors Inc. in 2014

China is one of the hottest auto markets in the world, and Tesla wants in on it.

Feb 14, 2014 at 12:59PM

Tesla (NASDAQ:TSLA) will report its fourth-quarter results next week. With the stock trading at all-time highs, the report will undoubtedly be subject to scrutiny. One of the key areas for investors to watch will be Tesla's comments in its quarterly letter to shareholders and the earnings call regarding its plans in China.

Tesla CEO Elon Musk has said that China could potentially be the company's biggest market over the long haul. While this almost certainly won't be the case in 2014, it's clear that Tesla is already taking the market seriously. Tesla vice president of China operations Veronica Wu recently said that the company is aiming for its China unit to contribute about one-third of Tesla's global sales in 2014.

In the video below, Fool contributor Daniel Sparks shares why he'll be keeping a close eye on the company's 2014 plans in the market.

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Daniel Sparks owns shares of Tesla Motors. The Motley Fool recommends Tesla Motors. The Motley Fool owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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