• zabadoh@ani.social
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    20 hours ago

    The sad part is, that allowing Elon to export “Full Self Driving” or whatever other technology to China won’t 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.

    Tesla’s 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.

  • culprit@lemmy.ml
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    22 hours ago

    The measure at issue is known as the “outbound investment” 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.

    • SkyNTP@lemmy.ml
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      20 hours ago

      You sir, have added absolutely nothing to the conversation. This post is a waste of space.

      • thefartographer@lemm.ee
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        20 hours ago

        I bet I can waste more space in better faith and somehow be both more informative while contributing even less to the conversation!

        P

        O

        O

        P

      • the post of tom joad@sh.itjust.works
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        19 hours ago

        Wait, wait. The only comment in here, directly quoting the article and disagreeing with it?

        That motherfuckin defines “adding to the conversation”

        Instead of snark how bout ya be embarrassed for christmas’ sake? Just this one time.

      • culprit@lemmy.ml
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        18 hours ago

        Muahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahah!