Kim Perales on Nostr: #Musk opened Tesla's Shanghai factory in 2020. He's one of the world’s most ...
#Musk opened Tesla's Shanghai factory in 2020. He's one of the world’s most influential promoters of CN.
~76% of Tesla’s global profits come from that factory -has been CN's biggest exporter of EVs since 2021 but saw: 1st drop in prod. of 2.7% 2024 YoY.
CN not only helped #Tesla go from “junk” status to having the highest net cash/equity ratio in the IDU in the past 4 yrs, but its generous EV subsidies helped it hide the losses at its US & German ops.
#NationalSecurity
https://bradmunchen.substack.com/p/elon-musk-the-manchurian-candidate
~76% of Tesla’s global profits come from that factory -has been CN's biggest exporter of EVs since 2021 but saw: 1st drop in prod. of 2.7% 2024 YoY.
CN not only helped #Tesla go from “junk” status to having the highest net cash/equity ratio in the IDU in the past 4 yrs, but its generous EV subsidies helped it hide the losses at its US & German ops.
#NationalSecurity
https://bradmunchen.substack.com/p/elon-musk-the-manchurian-candidate