I think Trump is trying to surrender America to China
Based Comrade Trump?
That would be really funny, but not sure how true that is. Isn’t TikTok not even Chinese? I thought that was just a Right-wing talking point. And Musk benefits the most from Chinese EVs being blocked, although I hope they do lift that.
TikTok Ltd is based in Singapore and owned by ByteDance Ltd which is incorporated in the Cayman Islands but headquartered in Beijing. The US version of TikTok is maintained by USDS which is based in Texas. So I believe the CPC has members of the ByteDance board and can make changes from the top down, but it’s not technically a Chinese company.
Tesla Shanghai churned out 1 million vehicles in just 13 months in 2023. The future of Tesla’s production is in China, not America. No way Elon doesn’t know that. If he can get preferential treatment in China, his made-in-China EVs will be competitive.
Besides, Teslas are still the most popular pure EV model in their segments in China. It’s true that Chinese domestic EVs (especially hybrids) have slaughtered all foreign brands in the lower tier models, but Tesla is not competing on those segments.
Biden was the one who imposed the tariffs on Chinese EVs. Trump cannot unilaterally remove the tariff because that’d make America look weak.
And it would be beneficial for both parties: America removes the tariff on EV while Tesla gets preferential treatment in China, while China gets to receive foreign investment from US capital and access to American market. China likes win-win strategies, and Trump is going to give them that.
Based Comrade Trump?
That would be really funny, but not sure how true that is. Isn’t TikTok not even Chinese? I thought that was just a Right-wing talking point. And Musk benefits the most from Chinese EVs being blocked, although I hope they do lift that.
TikTok Ltd is based in Singapore and owned by ByteDance Ltd which is incorporated in the Cayman Islands but headquartered in Beijing. The US version of TikTok is maintained by USDS which is based in Texas. So I believe the CPC has members of the ByteDance board and can make changes from the top down, but it’s not technically a Chinese company.
Tesla Shanghai churned out 1 million vehicles in just 13 months in 2023. The future of Tesla’s production is in China, not America. No way Elon doesn’t know that. If he can get preferential treatment in China, his made-in-China EVs will be competitive.
Besides, Teslas are still the most popular pure EV model in their segments in China. It’s true that Chinese domestic EVs (especially hybrids) have slaughtered all foreign brands in the lower tier models, but Tesla is not competing on those segments.
But why on earth would China give Tesla preferential treatment when their own Chinese EVs were banned in the US market to benefit Tesla?
Biden was the one who imposed the tariffs on Chinese EVs. Trump cannot unilaterally remove the tariff because that’d make America look weak.
And it would be beneficial for both parties: America removes the tariff on EV while Tesla gets preferential treatment in China, while China gets to receive foreign investment from US capital and access to American market. China likes win-win strategies, and Trump is going to give them that.