Comment by consumer451
4 months ago
The next question is: why did China give Tesla this unprecedented deal?
The answer I heard at the time was to get local suppliers and workforce up to Tesla standards.
It appears to have worked out for China quite nicely.
Catfish effect. Ensure local players just don't become welfare queen mooching subsidy and incentives from govt both local and national.
That answer is American propaganda, Teslas (especially earlier ones) are famous for their crappy build quality. Tesla would be nothing without the Elon hypetrain.
Chinese Teslas had higher standards early on, panels aligned and such.
Well yeah, they used this playbook with Apple as well.
We do not appear to be very smart as a country.
It's not a country - it's a collection of individual billionaires. Each billionaire involved in these kinds of deals gets richer, and has no reason to care about anyone else.
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