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https://www.cargill.com/story/happy-50th-50-things-you-might-not-know-about-cargill-china https://www.cargill.com/story/happy-50th-50-things-you-might... > In
by NicoJuicy 2y ago
https://www.cargill.com/story/happy-50th-50-things-you-might-not-know-about-cargill-china https://www.cargill.com/story/happy-50th-50-things-you-might...
> In ‘88, Cargill enters mainland China with a joint venture with Shandong Supply and Marketing Cooperative, and China International Trust and Investment Corporation. Together, they build a cottonseed crushing plant in Shandong, which begins operations in April 1990.
Related to Tesla. It's been overtaken by BYD, electric vehicle sales numbers are dropping. China is taking it's tech, seems to get their FSD tech relatively soon ( at least in license).
Share price doesn't reflect a successful business decision or not.
Not taking away the wonder of creating a car company on your own, that's nuts what he did there though.