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"From the perspective of business management, narrowing a sprawling business presence to key markets makes sense. It takes effort and resources to oversee teams in so many countries."

"First, a final decision has not yet been made, but the reason for doing this is all about creating the environment for Tesla to operate best," said Musk in the statement.

"Frankly speaking, I also considered leaving, but rather than endure the vagrant lifestyles that my ancestors experienced when they lived abroad, I preferred to settle down in our motherland and create a life of my own," he said.

"From the survey we see the younger generation of Chinese are happy to use novel ways to live up to the sustainability concept and protect the planet," said Cai Yanqing, founder of BottleDream. "They are poised to become the dominant force guiding green lifestyles and consumption in the future."

"For example, we have a lot of automotive companies in China looking at the state because we already have a thriving auto industry," she added. "Our business-friendly environment and tax policies are also big draws."