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-- “China had a plan when they let Tesla have a fully owned factory. They wanted the technology and the knowledge and experience. With that came a risk China wo
by readthenotes1 2y ago
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“China had a plan when they let Tesla have a fully owned factory. They wanted the technology and the knowledge and experience. With that came a risk China would take that technology and build better stuff,” said shareholder Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management. “That’s exactly what they’re doing. Now they’ve got really competitive vehicles, really competitive technology and the vehicles are cheaper.”
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And BYD had a leg up...
- jordanb 2y agoThis has been going on for decades. Any adult in Tesla management should have known that the chances of this happening were 100%.
- croes 2y agoThis is how it works. Germany did they same at the beginning of the last century, Japan also to the end.
- lloyds_barclays 2y agoThis is what Beijing government did on high speed railway system. Global railway manufactures were asked to hand over their technology, then they can begin to build, ship, and run their rolling stocks on Chinese railway. Beijing did this in early 2000s, and now they dominated the high speed railway standards in many countries.
- deleted 2y ago[deleted]
- joejohnson 2y agoThis is nonsense to smear Chinese companies and perpetuate this idea that they aren’t innovative and only steal. Anyway, didn’t Tesla give away these patents? https://medium.com/@mk_26304/the-genius-behind-teslas-patent-giveaway-how-elon-musk-played-the-game-to-win-big-09f75a10c9bc https://medium.com/@mk_26304/the-genius-behind-teslas-patent...