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03:54
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Originally posted by AverageJoe:
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Tim Cook gave a very good explanation of why he is steadfastly remaining in China for his Apple phone manufacturing. He could just as easily move to India. I wonder why Elon never thought of an Indian base instead of China. Ditto the German car makers.
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Subsidies. 4 - 5 x higher subsidies in China compared to the West, but consumers don't want EVs thst spontaneously combust, there is a surplus of Chinese EVs.https://www.cbtnews.com/chinas-auto-industry-dominance-in-2024-a-wake-up-call-for-global-automakers/
