GXY 0.00% $5.28 galaxy resources limited

Tesla is starting the Chinese factory and will make cells and...

  1. 375 Posts.
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    Tesla is starting the Chinese factory and will make cells and battery packs there. Someone please explain why does Tesla must expand in the US if the cost of production is lower in China. If Tesla has to survive it must increase production of all its parts in China and export to US. This is the hard reality that Tesla faces. Of course Panasonic is not going to be part of the Chinese factory as it has decided to transfer 51% control of all its battery manufacturing plants excluding the Tesla Nevada factory to Toyota.

    We have hundreds of writers in big oil and car companies pockets. This is just a sequel or part 2 of MS over supply fear mongering nothing more. It shall pass.
 
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