Thursday, April 19, 2018 11:36:02 AM
the article went on to say "auto makers such as GM or Volkswagen, which established joint ventures in China years ago, might find it difficult to unwind those longstanding relationships."
So, I think the change in the Chinese trade regs is across the board and not specific to Tesla.
As the article continued, "I don't see anyone walking away from their JV partner and going alone because it's a lot of effort to unwind that," said Jeff Schuster, an analyst for LMC Automotive. "Tesla is the big winner ... as long as they have enough funding to establish themselves in China."
I'm betting Tesla does and toot suite. Your thoughts?
Regards, G8tr
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