Australia's largest stock trading and investment forum Australia's #1 stock forum

New Peugot E208 electric car, page-5

First 5 Last

Share
Profile

Follow
sierra

10,702 Posts.

21/10/19

21:43

Post #: 40996585
Share

Originally posted by acorn: ↑

I think he has to. If you want to be in China, you have to have a factory there. Sure, the Chinese are going to be spying and copying everything but that's what they do anyway.

If Musk wasn't in China he wouldn't have access to that market. Because his primary driver is to electrify the vehicle market and reduce emissions, he needs to be there. He won't be the biggest fish ultimately but I don't believe that's an issue for him.

I think Musk is a CEO that probably doesn't care if he doesn't make evs for ever. He is different to the traditional car company where that is their business. Musk is building all sorts of things and levering off the technologies.

He is the true entrepeneur. Most of them don't last forever but what they do is make a big impact and quite often influence an industry. Then they just move on to the next thing.

Expand

He probably is close to moving on at this stage. He's had an exciting ride and will want to leave it looking good and the factory in China looks good on paper.

I wonder if they've embedded some insurance in the software in case they get stitched up? I hope so.
Upvote

Reply

There are more pages in this discussion • 5 more messages in this thread...

First 5 Last