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"China has become a core priority for Ferrero in terms of growth, and we are fully confident in the prospects of China as the world's fastest-growing consumption market. With the acceleration of urbanization and expansion of the middle class, the size of the consumption group and their needs have been continuously increasing," he said.

"But today is maybe emblematic of what's coming down the line," Beck said. "We may be able to expect to see more actually happening."

"China is by far the largest market for mid-sized premium sedans. With Model 3 priced on par with gasoline powered mid-sized sedans, we believe China could become the biggest market for Model 3," the company said in the report.

"CIIE is a great opportunity for the company to demonstrate our technology leadership to a broader audience," said Su Hua, president of Infineon Technologies China. Infineon is a semiconductor company based in Germany.

"California's doing its part," Governor Gavin Newsom told reporters when he visited the Gilroy shooting victims at the Santa Clara Valley Medical Center on July 29. "But the folks in the White House have been supporting the kinds of policies that roll back the work that we're doing in states like ours to get rid of large-capacity magazines, to address the issues that we're trying to advance on background checks."