Hey, that's a surprise to say. Musk originally planned to go to India, but just when everyone was waiting to see his big move in India, he suddenly changed his mind and turned to China. This incident coincides with the timing of Blinken's visit to China and the Beijing Auto Show, so maybe there is some big drama behind it.
Everyone knows that Musk does not play cards according to common sense, and every move can stun a vote. His abrupt turn has led many observers to speculate whether he sees the huge potential of the Chinese market or whether there are new cooperation projects in the pipeline. We also know that China is developing rapidly in electric vehicles, especially now that the Beijing Auto Show is simply a big stage for technology and innovation, and anyone who has a new trick can immediately become the focus.
Challenges and Responses***
It's really not easy, Tesla has been really choking recently. Layoffs, stock market ups and downs, and safety issues, such as the U.S. market being investigated for recalls and accidents with autonomous driving, are challenging to look at. Tesla is a different landscape in the Chinese market, and it can be said that it is full of opportunities.
Tesla's Shanghai factory in China is a good money-maker with strong profitability. And you know, Tesla also sent a group of engineers from Shanghai to the Fremont factory in the United States, in order to increase the production capacity there. This means that Tesla is not intimidated by these difficulties, but is trying to find a way to solve the problem.
Focus on fully autonomous driving***
Technology is always changing. Musk may make a big move in China this time, pushing full self-driving technology to take a big step forward. He wants to use the huge data resources of the Chinese market to greatly improve the fully autonomous driving algorithm called FSD and train it more accurately.
But then again, while the technology is already being used in the United States, it is not yet officially available in China. You know that we are very particular about data security, and if there is a vulnerability or something, it will be a big deal. This has led to a lot of people talking about the security of the technology, and some people talking about how to use the data.
Tesla's Market Strategy***
The market is very competitive, and Tesla is no exception, and it has to adjust its strategy with the changes. For example, in order to seize the market, they began to reduce the price of promotion, which is really effective in the Chinese market. You see, the big Western companies that used to be high in the sky now have to bow their heads in China, because Chinese consumers are not easy to fool, and if they want to gain a foothold in this market, they can't do it without some real skills.
I have to talk about the development prospects of China's new energy, don't say it, it feels quite optimistic now. Not only because of the support, but more importantly, the domestic new energy enterprises themselves are not sparing, and their innovation ability is not lost to foreign enterprises. In this way, not only Tesla, but any company that wants to get a piece of the pie has to show some real skills.
China homework for Western companies***
How to deal with the Chinese market, Tesla can be regarded as learning this art. Unlike those foreign companies that still maintain a high profile and refuse to bow their heads, they may eventually be taught a lesson by the market. You see, there are many examples of people who started out with a lot of energy, but only to see the sales numbers drop. The market is about strength and mutual respect, and if you insist on doing it, the market will teach you a lesson.
We also have to talk about the future, Tesla has gradually followed the local customs, we naturally hope that it can have deeper cultivation in China and achieve better results. You think, in this land, if Tesla can really gain a firm foothold, won't we be able to see more high-tech.
What do you think about this?
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