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Re:Tesla's biggest retail shareholder is voting against Elon... by nateglims on Sunday April 21, 2024 @04:19PM (#40108871)
Outside of maybe the UK, I don't think Europe is nearly as dead set on the adversarial relationship with China and you can't buy retail Chinese EVs right now in the US.

The demand reduction is also a problem for Tesla.

But one thing Chinese EV companies have is existing products in the lowest market segments. Tesla is giving up on a car cheaper than the 3 and I don't think that's a particularly unique Musk decision. American public companies are allergic to low margin products.

Re:Tesla's biggest retail shareholder is voting against Elon... by nyokodo on Sunday April 21, 2024 @08:09PM (#40110347)
> I don't think Europe is nearly as dead set on the adversarial relationship with China

Market protectionism is sufficient to provide pushback on Chinese product dumping in Europe in the medium term. However, as the global order deteriorates and countries have to pick sides most of the EU is unlikely to choose to align with a Russian ally.

Re:Tesla's biggest retail shareholder is voting against Elon... by nateglims on Sunday April 21, 2024 @08:50PM (#40110570)
They've been extremely selective in their targeting of Chinese firms accused of selling weapons to Russia. And last year Macron directly said europe has no interest in backing the US's position on Taiwan. I think as the global situation deteriorates, they are likely to want to focus on situations closer to the continent. I haven't heard if they are planning on stopping BYD from opening a factory in Hungary.
Re:Tesla's biggest retail shareholder is voting against Elon... by nyokodo on Sunday April 21, 2024 @10:56PM (#40111091)
> stopping BYD from opening a factory in Hungary

Opening a factory is a different matter. If the factory contains significant capital (ie isn’t just glorified assembly) then much of the manufacturing capacity is domestic as is the labor which is a method of avoiding tariffs that host countries tend to favor. The calculus is different at that point and could only affect the imported parts or raw materials if applicable. In a pinch such manufacturing can be nationalized and repurposed.

Re:Tesla's biggest retail shareholder is voting against Elon... by ein0p on Sunday April 21, 2024 @07:03PM (#40109980)
>> I don't think Europe is nearly as dead set on the adversarial relationship with China

They will be “persuaded” with sanctions. Europe is not really a sovereign entity.

Re:Tesla's biggest retail shareholder is voting against Elon... by nateglims on Sunday April 21, 2024 @08:26PM (#40110447)
The US is only really deploying broad sanctions on technology that might have applications in military and security competition. And sanctions are proving hard to really enforce if the entities involved never use dollars.

EU defense and government contractors might not have a lot of agency, but plenty of other businesses do depending on the country.