Elon Musk on Work Ethics: America VS China
1 year ago
35
Tesla was the first foreign automaker opening a factory in China, started with Shanghai in early 2019. Chinese customers have already purchased half of the 935,222 vehicles that Tesla sold last year. In the long run, Musk expects that the market in China will pickup a 25% to 30% of Tesla's sales.
However, since the massive restrictions and lockdowns in China in mid-March, automobile sales in Shanghai this April has dropped to 0, a record low since 1949, the establishment of PRC.
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