EXPOSED! Elon Musk Just DENIED BUYING OFF China For His SUCCESS
Tesla’s CEO Elon Musk recently showed off some exotic dance moves on stage as the first Tesla Model 3s rolled off the electric car maker’s Shanghai “Gigafactory” production line. The CEO definitely has a reason to celebrate because the previous year has been remarkable for Tesla in terms of production, sales and market valuation.
So, why is Elon Musk so happy about the progress of Tesla? Let’s find out all the details!
Hey guys! Welcome back to our channel Elon Musk Evolution where we tell you all the latest news about Elon Musk and his multibillion companies. In today’s video we are going to talk about why Elon Musk has been accused of dancing to Beijing’s tune to build Tesla? And did China really use Tesla to build its own automakers? If you want to find out more, then stay with us until the end of the video. Also, before we start the video don’t forget to hit like, subscribe to our channel and ring the bell icon for more amazing videos. And let’s get started!
Appearing at an on-stage event to mark the occasion, the chief executive threw off his blazer and treated the cheering crowd to some decidedly questionable moves, which created a huge hype across the internet. Because its no ordinary man performing on the stage, but its Elon Musk the billionaire CEO who earned the title of “Person of the year” in 2021.
Tesla has been outperforming its competitors for a very long time and the company has achieved what no foreign carmaker had previously been able to do. Talking about its factory in China “Giga Shanghai”, Tesla set up this factory without being forced to partner with a local company. In addition, Giga Shanghai was approved in record time, built in less than a year, and the company received tax breaks and cheap loans to help finance it. According to the Tu Le of China-based automotive consultancy Sino Auto Insights:
“[The government] really rolled out the red carpet for them. There’s no other company that was able to build a factory in less than a year, start manufacturing cars, and all of a sudden, fill a factory in the span of two years.”
Tesla has become the leading electric vehicle maker in the UK and US in recent years. Last year its Model 3 was the second-best selling new car in Britain. Furthermore, The company is expanding with new factories in Berlin and Texas.
However, most of the credit for its progress, to become the world’s most valuable auto manufacturing company and crowning Elon Musk as the world’s richest man, goes to China.
Tesla recently revealed that it had almost doubled car sales to 936,172 in 2021, which led to a 13 percent increase in tesla years. An analyst at Wedbush securities, Daniel Ives has stated that the above estimated figure of sales was due to better than expected sales in China. Its Chinese factory accounted for almost half of production, making Model 3 and Y vehicles that are sold not only in Asia but also in Britain and Europe.
Elon musk is considering further expansion of its Giga Shanghai factory in terms of manufacturing as the US based auto maker has announced an investment of 1.2 billion Yuan which is approximately equivalent to 188 million dollars.
The facility’s manufacturing area will be increased while including a certain level of environmental protection investment, which Tesla disclosed in a new environmental impact assessment report.
#Elon #Musk #SpaceX #Tesla #Leaked #Talks #Success #Goals #Inspire
___
Hope you guys enjoy this!
👉 If you enjoy this video, please like it and share it.
👉 Don’t forget to subscribe to this channel for more updates.
Thanks for watching! If you know someone who could use this video, share it with them!
Tags:
Elon Musk, Spacex, Tesla, Spacex starship, Starship, Starship launch, Spacex news, Spacex news today, Tesla news today, Tesla news, Tech, Technology, Elon, Musk, Rocket, Elon Musk interview, New Tech, High tech, Business news, Breaking news, Exposed, Spacex test, Tesla and Spacex, Spacex rocket, Starship Spacex, Spacex today, Space x, Inspirational, Motivational, Speech, Speeches, Worldwide news, Inspire, Goals, Succes, Talks, Leaked, Elon Musk news, Elon Musk today, Elon Musk Motivation
► Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise.
