Tesla’s Dependency on China ‘Very Concerning’: US House Committee Chair

Tesla’s Dependency on China ‘Very Concerning’: US House Committee Chair
A Tesla sign at its factory in Shanghai on May 13, 2021. Aly Song/Reuters
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Tesla’s announcement to build a megapack factory in Shanghai has prompted questions about the American electric carmaker’s dependency on China, and a U.S. representative finds it “very concerning.”

“Tesla seems entirely dependent, A, on the largesse of the federal government via tax breaks, and B, upon access to the Chinese market,” Rep. Mike Gallagher (R-Wis.) told Reuters on April 10.
Aldgra Fredly
Aldgra Fredly
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Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.
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