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With almost half their manufacturing in China, I wonder how they’re thinking about geopolitical risks right now.
by yaacov 5y ago
With almost half their manufacturing in China, I wonder how they’re thinking about geopolitical risks right now.
- londons_explore 5y agoIs there any kind of insurance/hedging you can do against this?
- rightbyte 5y agoBuild factories outside of China?
- londons_explore 5y agoThat increases your exposure if many of your customers are IN China.
- rcMgD2BwE72F 5y agoHow? By completing much larger manufacturing plants in Europe and Texas for end of year 2021, I guess. And making their own battery cells in each plant. And converting the Tilburg assembly line into another stationary energy storage factory. And researching locations for a few other new plants in 2023 as per Elon. And opening negotiations with India (as per Reuters, today). Sounds solid to me.
- Factorium 5y agoThe chief political risks are from the USA, not China: https://cleantechnica.com/2021/10/19/president-bidens-pick-for-an-nhtsa-safety-advisor-raises-concerns-about-anti-tesla-bias/ https://cleantechnica.com/2021/10/19/president-bidens-pick-f... https://electrek.co/2021/09/29/elon-musk-calls-out-biden-controlled-by-unions-after-tesla-snubbed-ev-summit/ https://electrek.co/2021/09/29/elon-musk-calls-out-biden-con...
- systemvoltage 5y ago> “Biden held this EV summit. Didn’t invite Tesla. Invited GM, Ford, Chrysler, and UAW. EV summit at the White House, didn’t mention Tesla once and praised GM and Ford for leading the EV revolution. Doesn’t it sound a little bias? It’s not the friendliest of administrations. Seems to be controlled by the unions.” Wow.
- phatfish 5y agoYou need an ego the size of the sun to expect everything to revolve around you, so it makes sense at least.
- simondotau 5y agoImagine if someone was doing an analysis of chip fabrication in the USA and never once mentioned Intel, pretending they didn’t exist.
- adoxyz 5y agoThere's plenty of things to shit on Tesla and Elon with, but I think this is the wrong take in this particular instance. Not inviting Tesla to the EV summit and acting like they don't exist is pretty suspect.
- Rygian 5y agoI don't think Tesla needs any motivation to transition to EVs.
- mensetmanusman 5y agoOhh it was a motivational speech?? Now I’m glad Tesla didn’t go.
- mensetmanusman 5y agoThey only invited union companies. It’s all politics.
- LatteLazy 5y agoIsn't that exactly why you out half the plants in China? Chinese plants for Chinese cars, American plants for American cars. Europe buys from whoever has surplus. No worries.
- grecy 5y agoGiven they have an enormous factory in Texas and another in Berlin both coming online before the end of the year, and they are continuing to expand their factory in California.... I'd say they're covering their bases quite well.