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"CTT has grown rapidly over the last several years, and we're looking forward to being able to continue executing on our growth plan and sharpening our commercialization focus within the consumer electronics, automotive, and industrial markets," said Church.

"China is pretty big geographically, so it may make sense to have factories in other parts of China in order to reduce logistics costs," said Musk at Tesla's annual shareholder meeting in Mountain View, California. "The faster you scale, the more cash you have."

"China never conducted state-sponsored cyber attacks against Canada, let alone did it pledge that it would stop the relevant activities. One can not pledge to stop what he didn't do," the statement read.

"China has shown demonstrable commitment and willingness in collaborating on COVID-19 related research, vaccine development, and medical equipment provision, encouraging openness and data sharing to help ensure diagnostics, vaccines and prevention measures are developed rapidly for the benefit of every nation," he said.

"China is now the second-largest filer of international patent applications after the United States. The number of applications is still rising at a very rapid rate," Gurry said.