December 27, 2015

Is There A Smoother Road To Success For Tesla In China?

A Tesla Model S P85d car is displayed at the 16th Shanghai International Automobile Industry Exhibition in Shanghai on April 20, 2015. Global car makers showed off hundreds of vehicles in China's commercial hub Shanghai on April 20, as the world's biggest auto market continues to attract despite a sharp deceleration in sales growth. AFP PHOTO / JOHANNES EISELE (Photo credit should read JOHANNES EISELE/AFP/Getty Images) Things weren't looking good for Tesla in China in early 2015. The luxury automaker faced tax breaks that favor domestic manufacturers, complex local license-plate laws and an army of sophisticated domestic copycats. Such hurdles are to be expected when any U.S. tech startup expands into China, but they seemed to hit Elon Musk's Silicon Valley darling particularly hard. Read More

Source: TechCrunch