Dave Lee on Investing

Tesla to design new car in China… Why this is GENIUS!


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Elon Musk announced this past week his plan to open a new Design & Engineering Center in China that will be commissioned with the task of designing a new Tesla car.
In the video I share 9 reasons why I think this is a genius move.
1. China is by far the biggest car market
2. Locals understand the local market
3. China-designed is important to China
4. China is motivated to solve their pollution problem
5. Can always build the car at every Gigafactory
6. China specializes in mass production
7. Progress over technology
8. Sets Tesla up for the next 10 years of growth
9. Could enable Tesla to be come #1 car manufacturer in China in 10 years
Enjoy! And please share this video with others on Reddit, Facebook groups, and forums.
Check out my archived articles/posts on Tesla: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768
Disclaimer: All content on this channel is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of information on this channel.
Tags: Tesla, Elon Musk, Model 3, Model Y, Cybertruck, Investing, China, TSLA Shorts

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