Critical support for comrade Musk in his protracted struggle against Sinophobia.
Maybe we just dont have oligarchs in government, yeah?
The measure at issue is known as the āoutbound investmentā provision. We have heard for years about the problem of manufacturing businesses shipping jobs overseas to China, with its low worker wages and low environmental standards. China typically forces businesses wanting to locate factories in its country to transfer their technology and intellectual property to Chinese firms, which can then use that to undercut competitors in global markets, with state support.
This paragraph is dripping with liberal hypocrisy on so many levels.
You sir, have added absolutely nothing to the conversation. This post is a waste of space.
I bet I can waste more space in better faith and somehow be both more informative while contributing even less to the conversation!
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Can you explain what you mean? Is the US known for using this tactic? I guess having backdoors in tech comes to mind.
1: Continued reliance on Chinese manufacturing
2: Poor wages are something liberalism absolutely gags for. Unions fought against it and liberals betray them every chance they get.
3: Undercutting markets with your tech lead built on equal parts intellectual theft and brain drain is literally the American system.
Those are the angles I read anyways.
The sad part is, that allowing Elon to export āFull Self Drivingā or whatever other technology to China wonāt even help Tesla that much, and will even harm the company in the long term:
The Chinese will just copy/steal the technology, because all foreign investment is through joint ventures with local corporations, and give it to their domestic manufacturers, like they did and continue to do with all other offshored production that winds up in their hands.
As a recent spate of articles about GM, Honda and Nissan, tells us, the Chinese domestic manufacturers now own 60% market share.
Teslaās market share in China has dropped in nearly half over the last 3 months from 9/24 - 12/24, from 6.43% to 3.39%, and that was already down from 9% in 2023.
No, you donāt understand. FSD canāt be copied because itāll be entirely server side, and hosted in the USA!
Hope your ping times donāt spike while making a left turn in a busy intersection.
Bit off topic maybe but isnāt Teslas self-driving setup the worst of all implementations? Iām no expert but i thought the cars only used cameras and other companies were closer to full autonomy (though none have achieved it)
FSD is less reliable compared to say Googleās Waymo. GMās Cruise gave up on autonomous driving
Chinaās dubious state media, says their autonomous robotaxis are quite safe, and theyāre rolling out fleets of them in major cities already
But Iām sure that bits and bobs in Teslaās FSD systems have some value to someone.
Itās called an ITAR violation, and itās probably more than just EV parts.