Tesla's biggest sales is in China and the two top selling Teslas
in Aus are the 3 and Y which are both made in China.
before setting up in China the SP of Tesla was struggling with
a series of CRs but once it started production in China the SP
hit its straps and with it Musk's wealth.
As I said previously , China has the lions share of the Auto maniufacturing
with 30 Million + units P/A out of 90 million odd globally. And that share
is increasing as well a spare parts/component manufacture .
Of course auto manufacturing features prominantly in China's "Made in China 2025" program.
I know that the RW Populists (small government, low tax and minimal government interference
in business will see China's auto manufacturing res as a "flash on the pan" but history should
teach us something:
- Germany.....massive Government auto assistance post WW2
-Japan..........mega Government Auto Assistance post WW2
- Korea did ditto but was a slow started
- and now China .
in mind that human labour is now being rapidly vis robotisation /AI
so the Aussie naysayers "our wages are too high" is fast becoming obsolete
particularly with EV that have less moving parts than traditional ICEs.
It more about Capital & Technology/R&D now rather than grunt labour!
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