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"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, the ambassador and his remarks are not constructive, and even quite wrong. Some of his views do not conform to the truth and are even misleading," Hua said in a news conference.

"Generally speaking, small and medium-sized banks still have adequate capital and liquidity. Their overall risks are under control," said Wen Bin, principal researcher at China Minsheng Banking Corp Ltd.

"For nearly a decade, Facebook has used its dominance and monopoly power to crush smaller rivals and snuff out competition, all at the expense of everyday users," New York Attorney General Letitia James said in a statement.

"Funeral services are not just about bodies. Through our jobs we can interpret the life of the deceased person and illustrate how unique they were. Only those with a loving heart can successfully serve the families of the deceased," Xiong, the professor, said.