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Tesla will produce in China? Interesting they're finally going that route.
by keyle 8y ago
Tesla will produce in China? Interesting they're finally going that route.
- reitzensteinm 8y agoNote that this is just following in the footsteps of the Model 3, which will also have the low end models manufactured in China.
- dan-robertson 8y agoCars tend to be affected a lot by tariffs. A good way to make more money selling cars Is to sell more cars (at a similar margin) and a good way to do that is to make the cars cheaper (at a similar margin) and a good way to do that is by cutting out tariffs (and possibly reducing transportation costs too). Making cars (and batteries) in China is a statement that Tesla think their cars will be more popular in China if they can reduce the price and that will justify the cost of making the factory there.