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Perhaps, 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
by FooBarWidget 6y ago
Perhaps, 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.