And they are in the Chinese market only till Xi/CCP decide is in their interest, as in acquire IP. The day it’s done, Tesla would be thrown out of China.
- Last year Tesla got in a huge PR storm when a customer complained of unintended acceleration. It later turned out the customer was making it up. However the government didn’t intervene and let the situation got a lot worse, whereas they routinely “stop the spread of misinformation” on other hot topics.
- Many government and academic institutions banned Tesla from their campus, citing security concern from their cameras
Also in general anti-American sentiment is extremely high in China right now, making it harder for Tesla to do business
And they are in the Chinese market only till Xi/CCP decide is in their interest, as in acquire IP. The day it’s done, Tesla would be thrown out of China.