this post was submitted on 20 May 2024
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I don't mind bashing Musk for a second, but as far as I know China follows a startup mentality with electric cars - the government supports the industry so they can sell cars below their actual price, and once they killed all their competition they can increase.
There's no fair winning against this policy
Like that time a US state subsidised Tesla with a billion dollar factory in exchange for jobs most of which were never delivered. I bet in China at least they would expect their grant deal to be fulfilled.
I'm not trying to advocate for China, just pointing out how much of Tesla's current position is the result of hand outs (see; carbon credits)