Nice! Recently I added an ES6 to my garage. I'm sure you know the new Shanghai policy, so the total spend is only RMB 538,400 (~PKR 14.7M), no tax required, free license plate, excellent value!
I believe it's great move that Shanghai government invested heavily (loans, logistics backup, etc) to bring Tesla here, after all Musk is a pioneer/KOL in this business, and a charming marketer. He has taken so much heat from Detroit and UAW and still he stands firm today. Whether he is a South African, an US immigrant, or perhaps even a Martian doesn't change how Shanghai sees him this way. Like Musk has said Shanghai Tesla is "the best quality, lowest cost, and also low drama", it serves as a key export hub (to other overseas markets) as well as key driver of China's massive EV supply chain from batteries to every single parts possible. Domestically speaking the mid-priced EV sector (RMB 200~300,000) is expected to eclipse gasoline cars in a few years, Shanghai believes free market competition between Tesla products and other EV players is right way to grow this. Then there are brands competing in the sizable luxury sector (RMB 400~900,000) like NIO and HiPhi, and of course there is a budget sector (below RMB 200,000) though quite small in Shanghai.
I believe it's great move that Shanghai government invested heavily (loans, logistics backup, etc) to bring Tesla here, after all Musk is a pioneer/KOL in this business, and a charming marketer. He has taken so much heat from Detroit and UAW and still he stands firm today. Whether he is a South African, an US immigrant, or perhaps even a Martian doesn't change how Shanghai sees him this way. Like Musk has said Shanghai Tesla is "the best quality, lowest cost, and also low drama", it serves as a key export hub (to other overseas markets) as well as key driver of China's massive EV supply chain from batteries to every single parts possible. Domestically speaking the mid-priced EV sector (RMB 200~300,000) is expected to eclipse gasoline cars in a few years, Shanghai believes free market competition between Tesla products and other EV players is right way to grow this. Then there are brands competing in the sizable luxury sector (RMB 400~900,000) like NIO and HiPhi, and of course there is a budget sector (below RMB 200,000) though quite small in Shanghai.
I personally have test-drived a few brands and finally picked NIO ES6 recently.
NIO ES6: Life is ON | NIO Official Website
Experience pleasure and comfort while driving with the NIO ES6. A sophisticated mobile living room powered by a smart high-performance system.www.nio.com
I believe it's great move that Shanghai government invested heavily (loans, logistics backup, etc) to bring Tesla here, after all Musk is a pioneer/KOL in this business, and a charming marketer. He has taken so much heat from Detroit and UAW and still he stands firm today. Whether he is a South African, an US immigrant, or perhaps even a Martian doesn't change how Shanghai sees him this way. Like Musk has said Shanghai Tesla is "the best quality, lowest cost, and also low drama", it serves as a key export hub (to other overseas markets) as well as key driver of China's massive EV supply chain from batteries to every single parts possible. Domestically speaking the mid-priced EV sector (RMB 200~300,000) is expected to eclipse gasoline cars in a few years, Shanghai believes free market competition between Tesla products and other EV players is right way to grow this. Then there are brands competing in the sizable luxury sector (RMB 400~900,000) like NIO and HiPhi, and of course there is a budget sector (below RMB 200,000) though quite small in Shanghai.
I personally have test-drived a few brands and finally picked NIO ES6 recently.
NIO ES6: Life is ON | NIO Official Website
Experience pleasure and comfort while driving with the NIO ES6. A sophisticated mobile living room powered by a smart high-performance system.
www.reuters.com
$2 billion debt for a $1T company. I would say don't hold your breath.Musk will have to pay back $2 billion to Asian investors for that Shanghai Gigafactory. Let's see what happens.
Tesla secures Shanghai site for $2 billion China Gigafactory
Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday.
I believe Tesla is mostly vaporware being sold on the premise of a lifestyle to wear worshippers. It is not an economical car, high quality car, and the company has made multiple false promises.
Since when investing is at the expense of social welfare? They are run in parallel, where welfare comes from fiscal budget, and investment come from funds/banks, no? Despite they are as different as apple to pizza from a public management POV, I thought investment brings jobs to migrant workers, no?
And by denying the residency for migrant workers, Shanghai strengthens its middleman position. A win-win strategy.
Guess where are they residing every nights? Still within the city, or are they denied? People comes and goes, if they stay long enough (and comply with certain social welfare requirement) they become Shanghai citizen, similar policies in Beijing and others, no?
Do you even understand what residency means?
Care to explain?
It is called "HuKou" in Chinese. It means it is some place you can call it home. You are not some kind of wandering traveler who just happens to be in that place. You don't just come here to work and once the work is not available you have to haul your *** out of it. In the rest of the world, it is often called "permanent residency" in legal terms. China is probably the only country in the world that its citizens need to apply for that in order to move his home to a different city within the same country.
Kindly name me one case, just one, in which anyone's *** is hauled out of Shanghai (or Beijing or any city)?
You must be very young. When I was a kid, there was a well known place in Urumqi where many people without HuKou lived there. They were called "黑户“ (or Black Family) and they were subject to routine eviction from time to time. Nowadays, such a brutal practice is frown upon but it is not illegal. Even in Beijing, there was a infamous campaign to evicting so-called "low-end" population. Guess what? None of those "low-end" population has Beijing's HuKou.
So no one's *** get hauled out of Shanghai, right? That's what I suppose, cos people comes and goes every day, they may stay as long as they like without work, cos we are one country. If you choose to work here forever, sooner or later you become Shanghai citizen, just get in line, there's open & clear policy, NO denial.
