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Tesla might have been allowed because it works well for the auxiliary industries in PRC which in turn helps their own EV companies. Also, a cynical take. If Te
by actuator 6y ago
Tesla might have been allowed because it works well for the auxiliary industries in PRC which in turn helps their own EV companies.
Also, a cynical take. If Tesla has something worth copying, it might be easier as well.
- FooBarWidget 6y agoPerhaps, but is that a problem? Isn't it a good thing when interests are aligned? Tesla looked at the situation and they are fine with it, otherwise they wouldn't be there. Allowing majority foreign ownershipnis a process that has been ongoing for years. Every year, more parts of the Chinese economy open up.
- throw14082020 6y agoIs this a problem? Let me introduce you to the LANDWIND, the chinese copy of Range rover vehicles. Tesla is taking a huge risk, lots and lots and lots of unknowns, for the sake of tapping into China more effectively. https://www.theweek.co.uk/business/61500/landwind-x7-14000-range-rover-copy-sparks-official-protest https://www.theweek.co.uk/business/61500/landwind-x7-14000-r...
- FooBarWidget 6y agoAnd in return for that risk, isn't Tesla making a boatload of money?
- toxik 6y agoGood, maybe the competition will make auto manufacturers think twice before they cost cut another component.
- actuator 6y agoI don't know why you were downvoted but I don't think it is a problem. Musk also took a call that is profitable in the short/medium run. It might even be profitable in the longer run as long as the brand image holds like it has been for Apple.