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A Pivot to China Saved Elon Musk. It Also Binds Him to Beijing

3 pointsby j-a-a-pabout 1 year ago

1 comment

j-a-a-pabout 1 year ago
TL;DR, Tesla &#x2F; Musk was successful because they moved to Shanghai. China enabled Tesla to build cars that did not fall apart and that could make a profit. And also, Musk convinced the officials to go green. Interestingly, something called the &#x27;catfish effect&#x27;: by doing so, he transformed the Chinese car industry to a monster that is about to take over the world.<p>I might paraphrase here a bit, but this article gives a really nice insight how smart Musk entered that market without becoming yet another Musk cheering monkey story.