#china #tesla #yahoofinance
Tesla has joined several of China’s top automakers in signing a pledge to keep competition fair and to avoid ‘abnormal pricing’ in a move that many hope will end the EV pricing war in China. Yahoo Finance Automotive Reporter Pras Subramanian breaks down the story.
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fair pricing == euphemism for price fixing.
I just hope if they can continue to make a decent profit in China they can keep prices lower in the US.
Rumors of 1000s of cheap Chinese EVs sitting in a field are true, and now they might slowly draw down on the excess.
Elon will be fine because he can use RCEP, which is the Asian free trade zone to pump Chinese manufactured tesla’s into RCEP countries tariff free and many of these countries dont have an EV market which means Elon can go and be the first one to set up the EV industry with Tesla’s.
Only Chinese can hold the world hostage 😂😂
Theres a clown school comment. We are lowering prices.. because.. their whole economy is shot with even their civil work class nationwide taking 40 percent pay cuts, and many go without pay for 3 to 9 months.
You people.. have no clue what is going on in China.
Idiotic. They have 1 MILLION! Ev cars sitting in fields for over two years now, ROTTING. All EV companies shut down! 400!