The location of the next Tesla gigafactory was announced and it is going in Shanghai. The American automaker is targeting the largest automotive market by expanding their operations. This is slated to open in 2023 and will have an estimated 500K capacity after ramp up.
In this video I dscuss how it is smart for the company to build near the existing facility to keep the supply chain tight. Also, it further endears Musk to the CCP, something that is important in a time with iffy relations globally.
▶️ 3Speak
One of the strangest people alive today and also the richest he definitely knows what he is doing, I wonder what his plans with Twitter is??
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Hard to know what he is doing that. He certainly is getting a lot of attention and stirring things up. It is really causing a storm in the media circles.
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Tesla in Chinese territory is good news for the company since it is a giant market and which I believe will not have direct competition in the coming years, will see exponential growth.
Yes it is a huge market. It is the largest EV market on the planet.
So by building out a large footprint there is the only way to maintain a stronghold.
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This video is about W. Buffet's opinion about Bitcoin, not about Tesla.
Yes I just spoke to Vaultec. Evidently the same video loaded 6 times on me, in two different accounts. The latest one went through in my other account.
So it might be fixed. Unfortunately, I will have to try to work around this.
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The video is incorrect again but I read your comment about it. Was it a bug on the speak network side?
I don't like Musks obligations to China because of this but he is pursuing profits. I there enough demand in China for it or will he be importing them overseas?
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