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>Also I think China hasn’t required Chinese ownership of foreign companies for over two decades now. That is so far from the truth. And Tesla's case, ( I think
by CathayRe 7y ago
>Also I think China hasn’t required Chinese ownership of foreign companies for over two decades now.
That is so far from the truth. And Tesla's case, ( I think ) it was because it was set up in a Special Economic Zone. Not to mention part of the deal was to have a JV / Partnership in battery construction. i.e Using Chinese Battery. ( Majority of the BOM in a EV )
China knows how to play its card.