Excellent Musk negotiations

Discussion in 'Tesla' started by bwilson4web, Sep 1, 2019.

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  1. bwilson4web

    bwilson4web Well-Known Member Subscriber

    Source: https://insideevs.com/news/368080/tesla-exempt-china-10-percent-car-tax/

    Tesla CEO Elon Musk just returned from a multi-day trip to China. According to Bloomberg, the CEO struck a deal that will make Tesla exempt from China's 10-percent automotive sales tax.

    With continuing trade tensions between the U.S. and China, this is welcome news for the Silicon Valley automaker. This is especially true since Tesla is in the final stages of completing construction on a manufacturing facility in Shanghai (Gigafactory 3) and will begin delivering China-built Model 3 sedans, and eventually Model Y crossovers in the country.

    At this time, Tesla imports all of the vehicles it sells in China.

    I hope he took his business jet. Tesla and SpaceX need his skills and drive.

    Bob Wilson
     
    Last edited: Sep 1, 2019
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