Feb. 17, 2021 - Epoch Times
04:46
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| Time | Text |
|---|---|
| After receiving negative news and being summoned by CCP authorities, Tesla's sales in China dropped in January. | |
| Is the CCP attacking Tesla? | |
| What is the purpose behind the authorities' actions? | |
| Let's look at some analysis. | |
| In February, Chinese media reported many negative news about Tesla. | |
| According to CNHubei.com, some car owners in Nanchang City experienced abnormal conditions after charging and could not start their cars up. | |
| Tesla is preparing to recall 130,000 vehicles over touchscreen failures. | |
| Another 36,000 vehicles are to be recalled because of memory card problems. | |
| After a wave of negative news, on February 8, Tesla was summoned by five departments, including the State Administration for Market Regulation. | |
| The Xinhua News Agency, the official mouthpiece of the CCP, issued three articles in a row, emphasizing that Tesla responded to being inquired by five departments. | |
| It will strictly comply with Chinese laws and regulations. | |
| According to the latest data released on February 15, Tesla's sales in China in January saw a rare plunge. | |
| With deliveries less than 70% compared to December. | |
| According to an analysis by U.S.-based commentator Tang Jingyuan, Tesla gained momentum in China because of low prices, high quality, and its leading brand image for electric cars. | |
| CCP authorities found it difficult to resist Tesla's momentum even with massive subsidies for domestic electric vehicles, such as BYD Auto, NIO, and XPeng Motors. | |
| We have seen the official figures released by the CCP itself. | |
| The Chinese market already accounts for more than 20% of Tesla's overseas market, which is a very large share, and Tesla has launched the model in the range of $46,000 to $61,000, basically occupying the dominant position, which is a huge threat to the CCP. At the end of 2019, Tesla's Gigafactory in Shanghai, China was built from scratch in just one year and is already in mass production. | |
| Experts analyzed that the CCP's original intention is to use Tesla to attract upstream and downstream industry chains. | |
| The China market is very critical for Tesla. | |
| It's Shanghai's biggest ever industrial investment. | |
| Shanghai's municipal government gave it a discount, providing it with preferential loans and prices. | |
| The purpose is to bring Tesla to China. | |
| After that, it's not just to sell cars, because there are many upstream and downstream industry chain developments related to cars. | |
| What the CCP really wants is to make this industry chain take root in China. | |
| Taiwanese entrepreneur and social activist Kaowei Bang pointed out that it took only one year for Tesla to achieve good sales in China, which caused the CCP to worry. | |
| According to statistics, the sales volume of the Tesla Model 3 in China exceeded 130,000 in 2020, and is expected to reach 278,000 in 2021. | |
| Last September, Tesla's founder, Elon Musk, announced during Battery Day that the company plans to build a 25,000 all-electric car with new batteries within the next three years and launch it in China. | |
| Cao believes that the low price will hit the market space of China's domestic electric cars. | |
| Tang believes that Tesla has threatened the interests of the powerful and wealthy families of the CCP. In addition to the economy, | |
| Tesla founder Elon Musk has made some notable comments recently, including taking a stand for retail investors during the GameStop stock fiasco and inviting Vladimir Putin to chat on social messaging app Clubhouse. | |
| In the United States, the Biden administration has invited Tesla to support its new energy policy by announcing that all 650,000 US public service vehicles will be replaced with American-made electric vehicles. | |
| If Tesla launches a 25,000 model as planned or continues to make further progress in the market, Tesla's growth in China in 2021 is likely to be a year full of stormy waves. | |
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