In his latest video on HyperChangeTV, titled “Tesla is Winning the US/China Trade War,” Gali Russell gives us a quick summary of just how Tesla is winning in the US/China trade war. In fact, the timing of the Shanghai Gigafactory has perfect timing.
Across the Pacific in China, Tesla is hosting exclusive track events for owners, parties at its showrooms, and even a custom line of Chinese Tesla stickers for popular social media apps.
In response to the ongoing trade war with the US, China has decided to double the size of the Free Trade Zone south of Shanghai to attract more foreign investment.
Electric cars use cobalt and rare earth metals. The Chinese are hording them and may refuse to sell them to the US. Therefore we the US should immediately ban the sale of electric cars in the name of national security? Got all that?
The tariffs imposed by the Trump administration are encouraging Tesla to get its Gigafactory 3 in Shanghai built sooner so it can start manufacturing cars in China. The company says it costs up to 60% more to build a car in the US than in China.
Bloomberg reports that Elon Musk is in China this week as new Chinese trade tariffs have raised the price of a Tesla Model X by as much as $30,000 since last week.
