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>Elon knows that Tesla can no longer compete with other Chinese electric vehicle companies in the Chinese market.
Moreover, now that he’s based in the U.S., it’s impossible to continue making money in both China and the U.S. at the same time.
The time has come to choose a side.
So he plans to sell Tesla’s China business, raise some cash, and continue working on his big rocket.
>>
Glad, I'm not American and can buy a superior Chinese EV.
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>>62549041
You can buy Tesla's in China?
Must be nice, not living under a repressive regime which blocks free market choice.
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>>62549063
>You can buy Tesla's in China?
You can,Tesla has been operating an electric vehicle factory in Shanghai, China, for nearly 10 years.
But now it’s become very difficult for Tesla to sell its cars in China, because Chinese customers are turning to BYD and Huawei instead.
Tesla has come to be seen as synonymous with cutting corners and poor value for money.
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>>62549041
4%
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>>62549041
why would they buy it? do they need a videogame car that only exists because obama era subsidies needed to pretend? their own stuff is much better.
>>
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>>62549165
The entire Tesla China division could be valued at over $100 billion.
Elon needs that money to build his rockets.
And the Chinese government is more than happy to let “Tesla China” become a fully Chinese-owned company.
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>>62549079
>Tesla has come to be seen as synonymous with cutting corners and poor value for money.

You pulled that out of your ass
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>>62549180
>why would they buy it?
Why not?
The factory is already fully built, and the technology and workers are all in place.
All you have to do is pay for it, and you can start building your own cars right away.
I suspect Huawei might go ahead and buy it.
Huawei doesn’t have its own electric vehicle factory; it has partnered with other companies to launch electric vehicles.
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>>62549079
ESL, the post kek
>>
There's a knock off brand thats almost as good in China as well. Just be careful with Chinese EV's some are good others are dogcrap like most modern cars.
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>>62549041
Good. Chinese ev is better than Tesla



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