While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday afternoon as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
On the Chinese calendar, 2014 is the year of the horse. On the roads of China, it could be the year of the Model S.
After a slow start in the country, Tesla is taking orders in the world's largest car market and hoping to cash in on two trends that favor the automaker:
"I think the China story is a huge one," said Matthew Argersinger, senior analyst at The Motley Fool. Tesla is "going to sell 10,000 to 20,000 beginning in a couple years, and that's a huge incremental increase in production."
The automaker is now taking preorders on its Chinese website, Tousule.cn, for the Model S—which costs $41,000 to reserve—and the Model X. The site's launch comes just a month after Tesla opened its first location in China.
(Read more: Drivers' need for speed is hard to break)
Between that showroom in Beijing and the dedicated website, the automaker has laid the groundwork for deliveries of the Model S in China early next year.
The question now is how many cars will Tesla sell there.
A convergence of factors
Earlier this year, when CEO Elon Musk was asked about international demand for the Model S, he admitted he wasn't quite sure what to expect.
"I think we could eventually sell 10,000 a year in Europe and 5,000 in Asia," he said.
Tesla is expected to perform well in China because it has a number of the ingredients needed to create a surge in sales.
(Read more: In the midst of investigation, Model S tops survey)
One is its position as a luxury brand, and China will soon be the world's largest market for luxury autos. The Chinese have an intense appetite for high-end cars and SUVs, which is why BMW, Mercedes-Benz, Cadillac and Audi are rapidly expanding their showrooms in the country.
Steep taxes could push the price of the Model S to at least $145,000 there, but that won't slow down demand among wealthy Chinese.
Although electric car demand in China has been lackluster (and that's being kind), another factor helping Tesla is the smog and pollution that choke Beijing and Shanghai. They signal that China will not wait much longer to push electric cars in a big way. The Chinese would prefer to see locally built e-vehicles, but—make no mistake—Tesla will benefit.
What's more, much as Americans love big SUVs and crossovers, the desire is just as great in China. SUV sales are booming there. The Model X is unlikely to arrive until early 2015, but when it shows up, it will have the potential to connect with buyers who want a big SUV or crossover.
Waiting for Model S investigation to wrap up
As Tesla ramps up sales in China, the question in the U.S. is what will come out of the government probe into the safety of Model S battery systems. The National Highway Traffic Safety Administration has been looking into fire in two Model S sedans as they drove over metal objects in two separate incidents.
Neither NHTSA nor Tesla is commenting on the inquiry. If it ends with Tesla issuing a recall, that could put a damper on sales and demand. On the other hand, it could wrap up with no action required at all.
—By CNBC's Phil LeBeau. Follow him on Twitter .
Questions? Comments? BehindTheWheel@cnbc.com.