• zabadoh@ani.social
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    3 days ago

    The sad part is, that allowing Elon to export “Full Self Driving” or whatever other technology to China won’t even help Tesla that much, and will even harm the company in the long term:

    The Chinese will just copy/steal the technology, because all foreign investment is through joint ventures with local corporations, and give it to their domestic manufacturers, like they did and continue to do with all other offshored production that winds up in their hands.

    As a recent spate of articles about GM, Honda and Nissan, tells us, the Chinese domestic manufacturers now own 60% market share.

    Tesla’s market share in China has dropped in nearly half over the last 3 months from 9/24 - 12/24, from 6.43% to 3.39%, and that was already down from 9% in 2023.