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Tesla To Sign MOU For Giant China Factory As Trade War Creates Sense Of Urgency For Musk
On Monday, Electrek reported that Tesla is raising the price of the Model S and Model X in China by 150,000 yuan to 250,000 yuan (~$22,600 to ~$37,600) on the heels of Friday's escalation in the trade conflict between Washington and Beijing.
The news came just days after BMW's announcement that it could not (or would not) absorb the impact of China's countermeasures on cars built in the U.S. and would thus raise prices to Chinese consumers on some models.
The implication of the BMW news wa
So Trump is actualy a supporter of a global economy, who knew?. Once Tesla sets up manufacturing in China, Trump will have “made China’s auto industry great”, Admittedly it’s hard to tell which team he’s playing for, but at least he’s winning
With regard to who will fund the move, well China of course….and Trump will have “successfully” exported jobs and intellectual property…again, more winning!