RE: RE: Tesla Moves Up The Scale Passing Audi
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RE: Tesla Moves Up The Scale Passing Audi

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3y

I would disagree with that. To start, Tesla is the first wholely owned company in China, no Chinese partner.

Second, Elon brings something to the table that the CCP needs: jobs. Shanghai is a major export hub for Tesla and source more than 90% within the country. As they scale towards 2-3 million vehicles manufactured there along with the battery production that is going in, we are talking a ton of jobs. This is how the CCP has always offset the risk of revolution.

I do agree that the percentage of the company's production and sales in China as compared to the whole has to decrease. It is more than 50% right now. That will change with the new factories being built.