Elon is arguably this century’s Thomas Edison but I’m afraid he has wildly overestimated China’s market size for the Model S, X and ≡. The problem with China is there is no middle class so while they are the world’s second largest economy, only the upper %1 have the disposable income to buy a Tesla. 1% of 1.3 billion is only 13 million so now you are taking about a market the size of maybe twice Australia.
[…] Elon Musk Is Making China Click […]
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