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Exactly. I think some HNers would be amazed if they read the terms associated with Tesla doing business in China.
by aguyfromnb 6y ago
Exactly. I think some HNers would be amazed if they read the terms associated with Tesla doing business in China.
- jfoster 6y agoCan you post or link to them?
- Leherenn 6y agoI can't find a source, but the main one I remember is that all profits made in China had to stay in China. Edit: this is something I read on a comment here and seem totally unsubstantiated. However Bloomberg reports some of the conditions here. https://www.bloomberg.com/amp/news/articles/2019-07-30/tesla-to-pay-china-323-million-in-annual-tax-for-shanghai-site https://www.bloomberg.com/amp/news/articles/2019-07-30/tesla... It seems they have a pretty big sword hanging over there head, but I don't know how it compares to the usual conditions.