Tesla Takes Step Toward Opening Factory in Shanghai

Documents describe Tesla as sole owner of new company—a distinction that suggests that it plans to operate independently in China

Tesla Inc. has moved closer to setting up its first overseas car plant by registering a company in Shanghai.

In a filing disclosed by China’s official business database Monday, Tesla’s Hong Kong division is identified as the sole owner of the new company—a crucial distinction that suggests that the electric-car maker plans to operate independently in China, without a joint-venture partner.

The...