this post was submitted on 05 Apr 2024
259 points (95.1% liked)
Technology
59559 readers
3258 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
All those that claim this market belongs to China, Tesla already has production in China, and can use all the same benefits Chinese companies can. Including government subsidies.
Outside companies almost never get the same benefits as local ones, that's true even outside of china. Another thing is that china has national interests in chinese carmakers.
So long as they keep the Chinese government happy. That's a big lever China has on Musk.
China is probably just happy that Musk is Musk. Dude sows enough discord among the US populace without them even asking. Gift horse and all...
Tesla needs to make a certain substantial profit margin, same problem as Apple's car project. BYD will sell at a loss for years to monopolize like Amazon/Walmart etc.
BYD has a level of vertical integration far beyond anyone else in the industry.
Chinese companies aren't buying detestable social media platforms and speedrunning them into the ground.
No one's talking about that.
No, they just create them and make them wildly successful so they have a backdoor in everyone's pocket.
Oh so a Tesla