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brohoolio | 1 year ago

China has tremendous leverage over him via whether he can access their markets.

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Sabinus|1 year ago

The goal for Tesla was to jumpstart the electric car industry by example, not to sell electric cars in China.

consumer451|1 year ago

Tesla built 51% of their global production in Shanghai, China in Q1 2024.

The leverage isn't just shutting down the China market, it's the threat to 51% of Tesla's production capacity.

pests|1 year ago

Tell that to his net worth.

w0z_|1 year ago

He's already beat out in their market, not much leverage there lol.

mensetmanusman|1 year ago

A 50 billionaire that someone could take a billion of… tremendous?