Why Tesla And Elon Musk Face Challenges In China

[@CNBC]

Does Tesla have a chance in China with so much local competition? Let us know what you think below:

[@sakshis136]

@@alexflinn2404 lool

[@bigdream_dreambig]

Tesla definitely has a chance. They have some of the best features out there, so should be able to gain a reasonable piece of the market.

[@thomas8421]

Tesla will dominate China Market and European market as it is in the United States

[@Envy13376]

This is really just an opinion piece, and not enough investigative work. If you have been reading news lately, you'd know Audi and other foreign manufacturers are waiting for battery prices to drop before taking an actual commitment to full scale EVs. They did this because when comparing to model 3 they are behind in the skid type technology and about $3-5000 more expensive than Tesla. GM loses money on every bolt sold that's provided mainly by LG Chem. Tesla won't have a problem in China so long as the price reflects the product.

[@zodiacfml]

🙄 That's only half the story. A Gigafactory in China is to increase production and export those cars to other countries.

[@诚橙程]

I am a Chinese and working in one of the local EV company-BYD, even though these local EV makers share the most China EV market, that doesn't mean it has ability to compete with Tesla. Local EVs have lots of problems, people don't like it, they buy it because it is cheap. Chinese are getting rich year by year, especially young people like me likeTesla. If Tesla will lower it price in the future, elon musk will also has him another huge success in China, today's EV market like ten years ago smartphone market, Tesla will be next iPhone in China, I do believe it.

[@funnymakerboy4199]

😁👌 superb idea

[@davidrosner6267]

If Elon Musk can grab even a small percentage of that market, he will guarantee Tesla’s long term place in the global automobile market. It’s great that Beijing is finally allowing a foreign company like Tesla to own and operate its own factories in China without partnering with a local company. This shows how important Tesla and the EV market is to China’s future and Made of China 2025.

[@tomk3732]

Tesla == iPhone. They will not lower their price - same as iPhone. iPhone is a well made expensive device. Tesla is a poorly made car that happens to be very expensive. Its 2nd worst car brand in US as far as quality is concerned. Search on youtube actual reviews by people whom show actual Tesla cars. Paint job on these cars is from 1970s. Doors are unevenly attached. In a luxury car.

[@raczyk]

all I hear is praise from car owners.. don't know here this is coming from.

[@ritteradam]

I was writing exactly the same thing a few months ago in a comment. But if you look at the other and: Android is so much better than when it started. So while BYD won't be a competition for Tesla, I'm sure the problems will decrease a lot over time.

[@Maxy5858]

after 10months，come back to watch this news is a joke.

[@staph8022]

HAHAAH LOL

[@zixinxia194]

lol

[@denwaxr]

CNBC has a long history of Tesla bashing (It can't be because of their sponsors by legacy autos and big oil)

[@tonybernoulli7859]

same lol

[@vodoo3dx243]

Lol

[@nelsonk1341]

Chinese is smart, they know competition is important, so they sort of invited Tesla to China, competition with the local brand, therefore everyone feels pressure and offers better products to consumers.

[@dfh4223]

Exactly

[@meteoryang4272]

你说的非常对。有机会学学中文。 You are right. If you have a chance, you can learn Chinese.

[@tjq1888]

Yes we Chinese car industry need competition to evolve ourselves industry

[@CS-bl2sz]

Yes, most of the Chinese people grow up in this kind of environment, so we know the importance of competition.

[@jackyng121]

That's not why they invite Tesla. They invited Tesla because it's developing cutting edge battery technologies, cutting edge AI technologies and the whole E-car eco-system and they want to steal it for their own local companies like BYD. Simple as that.

[@tongtran007]

Tesla cars are already popular in China especially Hong Kong. The gigafactory in shanghai will enable Tesla to sell the model 3 without tariffs and to grow at a ludicrous rate!

[@femmeNikita27]

If this is the case it's very bad news for China. Looks like yet again China will fail to jump on "let's- get -ourselves- some competitive- advantage- in -production- sector" train. Americans eveywhere and always do the same trick of selling shiny luxury goods to local people in developing country just like Cortez was giving away western jewellery to "Indians" (I write it in this way since he thaught there were from India hence named them "indians"). It never stops to amaze me that every time in each country people fall for the same old trick and allow USA companies to do with their local market whatever it wants. And it always ends in USA dominance over yet another economy. I would say China people would do better recalling that "it ain't all gold that shines".

[@stc2828]

femmeNikita27 Chinese people are not stupid. Apple dominate Chinese market for 10 years and is now slowly pushed out by local companies. Tesla can very well grab cash in China for the next 10 years, by the time they get pushed out Tesla stock already worth 2000$

[@femmeNikita27]

I don't think Chinese people are stupid. If they were we could very well end any discussions regarding the future of human race- given the huge demographic potential of this country. So let's be optimistic and assume Chinese people are not stupid. But I also woulnd't compare old-fashioned tech like the one produced by Apple with new tech like EV. In this case as Americans know well first camers may take it all for years to come. So it's really the matter of who will get to a particular huge market first- be it China, India or Africa as entire continent. And if tesla want production of entire EV for itself, Germany wants batteries for engines for itself what will be left for developing countries which will open their markets to Tesla and to German companies? I think judging from experience with mobile phones, textile industry, pc production I think we can make quite accurate and not so optimistic wild guess- cheap labour force and no taxes from profits in national budgets.

[@AFlyingCookieLOL]

That is what hype can do. Eventually people will realize just like apple phones and eventually pick alternatives. Like how Huawei is dominating now.

[@IiKeiI]

Hong Kong’s gas price are way higher than China, in HK 1Litre cost more than $2 and China cost less than $1 Also in HK there aren’t as many China brand as in China.

[@dwchen1]

-US car sales last year : 17 million -China car sales last year : 28 million -US luxury car sales last year : less than 1 million -China luxury car sales last year : 2 million -US electric car sales last year : 240.000 -China electric car sales last year : 1,2 million So...?

[@spacew3909]

One biggest advantage of e car in china is that charging station is literally everywhere vs. North America it’s difficult to find charge.

[@genz2380]

Meanwhile China is kicking Tesla out lol

[@dwchen1]

@@genz2380 no they are not. Just can't drive into a sensitive governmental buildings and military sites, because they said Tesla cars had camera that record and stored it's files in Tesla's own servers. What Tesla going to do with all the data is still in their government's concern, because Tesla is a US company.

[@genz2380]

@@dwchen1 you clearly don’t understand the communist party of China, even it Tesla is still in China for the moment, it’s only a matter of time before Elon gets kicked out of China, he’s not gonna make good on the loans that he owes to the Chinese. Look at him he’s a fraud. He’s been lying about Tesla’s autonomous driving since 2015, which he’s facing a lawsuit against for that right now, he also mislead tesla share holders into buying the solar company and if he loses that case, which he probably will cause there’s evidence stacked against this conman. He also lied about the hyper loop and of course he’s lying about star ship and isn’t nowhere near close to delivering what he promised. All of his companies are gonna go to ZERO!!!! This man is a fraud, we’re talking about the Elizabeth Holmes that actually made it, if you’re invested in his companies you’re in serious trouble

[@genz2380]

kzbin.info/www/bejne/mV6peKp6echgqZo

[@RunForceCoaching]

I see the Model X 20 times a day here in Shanghai, there is no doubt Tesla will explode here with the model 3

[@stijnhs]

Don't you think a cheaper model like the 3 will have far more competition from local manufactures? I've seen some great cars by for example BYD for similar prices. The model X stands out due to it's luxury appeal.

[@Krackerlack]

VPN boi

[@franksun4017]

Stijn H Have you seen NIO, that’s Luxury. Tesla is about on the level of nice compares NIO interior.

[@TAHA-nc4cm]

Cool. You use VPN 👍.

[@艾尼路]

From my experience in China, people love green energy source, last time I was in China I see electric bikes everywhere, and the Chinese people are becoming more and more environmentally conscious especially in recent years. But I am concerned with the pricing because at this price point Tesla is competing with luxury brands like Porsche.

[@germanher7528]

Sadly Porsche build low reliability money pits for inflated prices and don't retain good resale price

[@syauqirazak4478]

@@germanher7528 does tesla retain good resale price?

[@kondjedes4866]

@@germanher7528 haha. Porsche along with Ferrari not only retains value on basically every single model produced, after 20 years they will skyrocket to beyond retail prices. You must be a sour pinnacle.

[@magnusm4]

Cause they don't want to import expensive oil. Plus they build dams and forced people away form their homes and the chinese government promised compensation, they did not keep their promise.

[@艾尼路]

magnusm4 I suppose you speak of your own true experience and not some story you read off the internet or heard from someone?

[@2CommaClub]

Yeah Tesla does face a challenge: keeping up with the massive demand! :)

[@s.flanders]

Where's the demand? It certainly seems to have drastically decreased in the U.S. www.google.com/amp/s/seekingalpha.com/amp/article/4240781-tesla-model-3-drives-demand-cliff

[@2CommaClub]

Stupid Flanders I don’t trust any article coming from Seeking Alpha they’re known to have a lot of short positions against Tesla. Let’s wait to see the delivery numbers but based on all the pictures I’m seeing on twitter from European and Chinese customers posting their Tesla’s it seems there’s plenty of demand. But let’s wait to see what happens in April when they report the numbers 👍🏼

[@s.flanders]

@@2CommaClub You don't have to wait for April numbers to get an idea of what's going on based on currently available information. You can reject the narrative of the Seeking Alpha article but shouldn't ignore the facts presented there. Fewer than half of all Model 3 reservations actually turned into sales, and it seems that the "can't build them fast enough" story has flipped to Tesla struggling to find customers for all the cars they're building. Seeing lots of photos on Twitter of Chinese and European deliveries says nothing about the number of cars actually being sold in those markets. It's very easy to stay in the Tesla bubble where it seems that everyone either has a Tesla or wants one. It's also quite telling that Musk claimed that demand for the Model 3 is great, just not at such high prices. Of course demand is going to be greater at lower prices; the question is whether the Model 3 can be sold at lower prices and still be profitable to manufacture. Regardless, it does not appear that Tesla has any problems keeping up with demand. There is basically no waitlist to get a Tesla if you want to order one.

[@2CommaClub]

Stupid Flanders There is still a waitlist for the $35,000 Model 3 so once they can get costs down more I expect demand to go up again. They just acquired Maxwell technologies which has a lot of potential for lowering the costs of batteries plus they haven’t even hit the lower priced SUV market yet or the pickup market which they plan to do very soon. Everything takes time. 👍🏼

[@441meatloaf]

@@2CommaClub You do realize Elon has made quite a lot of promises about the price of Model 3 since the beginning. But when they announced it the base model actually cost you 45k-50k instead of the 35k mentioned. So many promises has led to customers being very unhappy for the long wait and also the surprise increase of an additional 10k for the car. The top model goes up to 80-90k. At those prices many could afford a german BMW hybrid over a tesla.

[@HopeIsFleeting]

Tesla is entering one of the biggest car markets in the world at a massive advantage to every other none Chinese car company. How you've turned this into a negative is beyond me. Not only that, once they get their factory up and running they will be able to make their cars cheaper than anyone else for the same quality. This headline should read 'Tesla has massive advantage in China compared to every other American car company.

[@lokyinphotography]

? Name 1 company that make better EV than Tesla to me please I mean Chinese brands...

[@AFlyingCookieLOL]

@@lokyinphotography Tesla ev technology has already existed. China has also produced a lot of electric motors for a long time. 5G in china can also be integrated as well while it is banned in US because of US government and anti competitiveness. For about 9k the ORA R1 is equipped with a 33 kWh battery pack for a range of up to 194 miles. The cost per mile is lower. Tesla sin't that high tech, DIYers have created longer range cars than tesla. The technology is well understood and so are the batteries.

[@lokyinphotography]

@@AFlyingCookieLOL but I don't get it why hauwei isn't using 5G network in China? I don't think anyone are using 5G network in the mobile phone in China yet.

[@lokyinphotography]

@@AFlyingCookieLOL plus, I haven't seen any EV car that China made are actually look much high tech than Tesla. The closest thing I saw is Nio.

[@jmtm82]

Cause it’s China period. They tend to change anything they want and it’s been working for them. Contract? Patent? Lol that means nothing there. Suing against Chinese gov or companies in China? Good luck cause we all know it’s just waste of more money.

[@user-uw1wq9rj8g]

China's local companies makes Electric Vehicle at lower cost in order to reduce air pollution. That's how they thought about future living.

[@boxlessthinking]

what about the people who work in factories for US$450 a month. In America you be getting paid a living wage. For the same job. Have you looked into the Hong Kong fight for freedom. I'm sure if you go along with the communist dictators you can make a lot of money. No doubt my mind. But what do you give up. Hopefully a large middle-class can manifest itself in your country. That usually leads to freedom. When the majority of the population can band together and be richer than anybody on earth. This is one reason the communist has siphoned manufacturing to China to try to destroy the American middle class. To leave us powerless. But hopefully Trump 2020 can turn back the tide of stupidity. Putting America once again on path of total complete self-sufficiency.

[@KK-fw4zq]

@@boxlessthinking Sadly, America's middle class is already destroyed. There are many economic research papers proving that in 2040. The US will only have two classes - the rich and the poor. by 2060, it'll be almost impossible for the poor to become rich. ~Even right now, 2019, the 1% has more than 65% of the US wealth. Meaning the other 99% of Americans have to share 35% of the US wealth. Presidents can't do anything about this at this point, presidents barely have any power -- presidents are just puppets controlled by the corrupt federal gov.t and gov.t parties. Sadly, Republicans actually the reason why we are going through this poor wealth distribution because they believe in investing in the rich, while Democrats problem is investing into the poor, which can grow the middle class back but its not efficient and can lead to an economic depression. *I think the US needs to find a more efficient idealistic and needs to stop being so money hungry -- the problem with a Capitalistic economy is that corporations can control the government with money*

[@boxlessthinking]

you'd be mistaken the middle class owns our government And now is done with so call free and fair trade. pulling back the curtains of sedition. We hired Donald Trump remember. And he's been quickly taking the trash out. It's not like we don't have the biggest economy in the world dude. No matter which way you slice it all we need is Americans in control of our government to keep it that way. @@KK-fw4zq

[@boxlessthinking]

These papers you are discussing must not include the probability that the United States population is getting more and more Disturbed. The power of the population to rein in the government. And put it on a new path any time. Donald Trump 2020. Taken the goods back. @@KK-fw4zq

[@sharsasuke01]

Meanwhile they power these electric cars and buses with coal power. Don't let them fool you.

[@FreedomsLife1776]

Damn I will totally buy a Tesla.

[@Junior2uu]

especially when the price drops

[@TF-Times]

Best car I've ever owned.

[@maximilianmander2471]

Now it starts!

[@raheeb1]

But TSLA stock

[@TankDaBest]

People have no idea how rich 30% of the Chinese population are

[@ScarrVett]

Jerry Zhu This is sarcasm right? ;u;

[@tomaslajara2689]

Elaborate

[@TankDaBest]

Mercedes, bmw and Audi cost double the price (you can basically buy a second hand Lamborghini for an imported E class) in China, together they sold 2.8 million cars last year when the market landslided.

[@thomas8421]

Americans definitely don't have any idea because we only think about what goes on in our own country therefore we underestimate all other countries

[@edwardtse8631]

@@TankDaBest That's top 3% , not top 30%,

[@justincross1247]

Why does CNBC hate Tesla? No ad revenue.

[@robertleejameswelch8383]

I've watched the market and i believe Nio is the future. They are already talking about 500-600 mile range Evs. Tesla is definitely smart in having full control of their business, where China normally has 51% by default.

[@leuvenaarschot6708]

tbh Nio is still crap

[@coryplum5375]

Nio es8 battery are too small to provide long distance driving in this big car body.

[@markplott4820]

NEO wont be allowed in America because of its LACK of Safety Standards.

[@robertleejameswelch8383]

@@markplott4820 time will tell

[@TimIong-km8pg]

@@coryplum5375 NIO has put forward battery swap solution that makes battery swap facility infrastructures like gas stations and can complete a swap service in about 3 minutes, way faster than the charging time.

[@omnikmaurya1358]

Tesla has nothing to worry about... People love Tesla because of Elon... I mean the Tesla's are great but the fact that they have got someone like Elon makes it way more valuable and worth buying.... No other automobile Company has a face like Elon Musk...

[@Kaodusanya]

TSLA will be fine in America I don't think they have a great chance in China though

[@tylerzhang7924]

Kehinde O They will.I’m Chinese , young guys in China really love Tesla and Elon Musk , so far, no other local EV company can compete with them , just like Apple 10 years ago.

[@PersonManManManMan]

That is actually true, that's part of appeal, but I love the simplicity, and message of a car, so if I'll buy electric it will very likely be Tesla, because for other car manufactures they are just products that they push for sales and market demand, Tesla is also product, but they also carry a message of future to come, and that electric cars and automated auto transport is the future. Then again it doesn't help to help Elon so he gains more money for his other endeavors, sure you might find flaws in him, or say that he uses help from government, then again other companies also do, but compared to other CEO's for other companies, what they have done for humanity lately, what limits have they pushed, except for securing company growth and following trends in field of innovation just to stay competitive, he is a visionary, and making vision come true, bringing a change and causing change in field so others are now also doing it, being the risk taker to be the first, pioneering the industry.

[@Rio-ke9he]

buying car because of the CEO. thats pretty stupid. do your own research dont trust CEO.

[@doddy6568]

@@Rio-ke9he Elon not just CEO for TESLA. We must say he's the most important person right now. If he can finish BFR dan success his name will be wrote in history. Right now he just success with FH and got so much appreciate

[@stc2828]

Tesla is the APPLE of EVs, they can sell well even if they are more expensive with similar spec. There is no real competitor in the price range. Some people just want to spend 90k on a good car, cheaper ones don’t fit their status, they have no choice but tesla.

[@lostn65]

If that were true then they wouldn't have to open manufacturing there to avoid the tarriffs. 90k is the US price. 140k is the Chinese price.

[@user-oe1nt4pp8n]

I agree, Tesla is a luxury brand. Heck, their Tesla surfboards were sold at $1,500 and are now worth other $10,000. Similarly, Tesla just feels like a more innovative company than the rest.

[@james2042]

@@lostn65 but once manufactured in China, will cost 70k

[@michelmelinot]

@@james2042 They will only make Model 3 Standard & Model Y Standard in the Gigafactory 3. Elon Musk said the high variant (mid & long & performance) will still be ship into China from USA. So the cost will be around $35k-40k before chineese incentives. Sales are gonna be awesome!

[@diabloo28]

they can buy BMW? Audi? VW?

[@MedX16]

Now they are selling the model 3 priced around 43000$ wow, so fast!

[@brunosmith6925]

Now it's June 2nd 2019... Coming back to these CNBC fud stories is a good reminder how out-of-touch CNBC is on the one hand, and how much they are in the pockets of Traditional Auto and Big Oil...

[@patreekotime4578]

Come back now, it's even funnier! XD

[@Athrunwong]

I believe that Tesla will succeed, as long as it’s high quality and dependable.

[@dyrectory_com]

Just today October 24 2019, this was the headline on Bloomberg Technology's channel: Tesla's Elon Musk Gets Chinese Gigafactory Running in Record Time ⚡️

[@Eduardomiramar22]

Tesla is more luxury And Reliable So I said yes they have potential Of surviving in competition here in China 🇨🇳

[@Wangjing19841012]

Jorge millenia Tesla needs an interior upgrade, inside looks pretty cheap to Chinese consumers. Have a look at China’s NIO interior, much better!

[@HYT14214]

What a disinforming video it is when you’re watching it in 2020

[@alimertc]

It's cnbc. What do you expect? So disgusting. Last 3 minutes of video is trying to defame Tesla without making it obvious.

[@attero5306]

And here we are.

[@EenGroteNeuspulk]

Everybody is starting to manufacture EV's. This was Elon's main goal with Tesla. I don't mean to say that therefore they have no challenges, but it's kinda cool.

[@fatboy19831]

None of the competition has a complete supercharger network. The supercharger network in China is huge. There are 40 stall stations. The network is growing every day.

[@markplott4820]

SEZ you, China has problems with EVEN Charging BEV taxi when on Break.

[@grunt98444]

@@markplott4820 Those charging stations don't have 250 kw charging capability

[@chengyiq3066]

ELON WE NEED YOU TO HOST MEME REVIEW

[@user-uw1wq9rj8g]

Can you pay me 5 dollar and I will buy Tesla car

[@Nanokillaz]

Meme 👏 review 👏

[@ironmatic1]

cringe

[@leifjohnson617]

More shade being thrown at Tesla by CNBC - just like the other fudsters.

[@losersclub9942]

Leif Johnson I read that there and lead me for more information.

[@TF-Times]

Any company without a fast charging network is not serious competition to Tesla. Period.

[@kennpain4243]

NIO battery swap for 3 mins

[@TF-Times]

@@kennpain4243 If it ever comes to market which I doubt. Tesla has the same tech and abandoned it. Next gen charging will get us even closer to those times.

[@jeebus6263]

@@kennpain4243 Battery Swap is the way to go, what do you do with a 10 yr old tesla?

[@patreekotime4578]

@@jeebus6263 keep driving it?

[@jeebus6263]

Hi@@patreekotime4578, good plan :)

[@imanolhernandez2182]

“Direct competition for Tesla” hahaha, for sure

[@officialspock]

As usual, cnbc is clueless af

[@joshhan2663]

ok

[@hafizhelmi3139]

U are clueless about economy

[@officialspock]

@@hafizhelmi3139 ur clueless af too ur a cat

[@rjpena6273]

Can you prove them wrong?

[@CuongNguyen-le5ic]

You are clueless about the nature of China's market. China has STATE CAPITALIST. Meaning it's only support companies belong to Chinese. Any foreign companies will do well for a few years before another Chinese companies will take over with similar specs, more incentives with full support of China's government. That's how it is for every companies so far in China. Look at Apple, it is fading out for Xiaomi, Hauwei and many Chinese phone companies to take over the market.

[@abdenacerfodil2546]

In short . Tesla : _ quality. _ elon musk . _ the brand name . _ full dependent .

[@rwhirsch]

when they said competition...then mentioned taycan and ipace...i had to start laughing. cmon cnbc. it's amusing to see this vid now on the 2nd day of 2020. it think tesla will be ok in china.

[@red010182]

Tesla is definitely the top one player in EV and will play an important role in Chinese market just as iPhone did in smartphone market but just like how iPhone falls in China, the local competitors will one day take dominance in China.

[@jimmyhaotran123]

I want NIO and BYD in Norway !

[@edwardtse8631]

They sold a bunch of those to Hong Kong as Taxi and they are all not good, the quality of chinese car is not up to the world's standard.

[@jimmyhaotran123]

@@edwardtse8631 I don't if those cars were the first generation or what, but when I was in China 2016 for a semester, all those Didi, Chinese version of Uber looked well promising and at some points really premium quality wise. Not sure if that is just in Shanghai and Shenzhen, but overall experience is really nice. Could you tell us more about it assuming you are from Hong Kong.

[@brandontea3815]

Add oil. Got yourself into the company would be a great way of making that true.

[@akzebraminer]

Jimmy Chan No, you don’t want a BYD in China.

[@MrCrazyboyravi]

Edward Tse what do u mean by world standard ? Does tesla sets world standard or you set world standard. For price / feature BYD and NIO sells excillent cars thats why they are sold in millions

[@Xepa777]

Love watching this video in December 2019 ;)

[@injimmyland]

I am wondering who is auto glass manufacturer for cyber-truck?

[@Atlantis-tx2mv]

And seeing it now in December 2020 is even more laughably!

[@debojeetjha847]

for many folks the reason for owning a tesla is musk.

[@jeremiahtisdell4823]

You mean " is a musk"

[@debojeetjha847]

@@jeremiahtisdell4823 no i mean elon musk

[@sickbailey21]

@@debojeetjha847 he got what you meant, its a joke lol, play on must.

[@PersonManManManMan]

It's true and it's not a bad thing to support Musk therefor helping him to push advancements

[@2003evodave]

You gotta be joking,,,,,he is a net negative and that’s why he was fired from Tesla’s CEO position.

[@DreamCarsPro]

I really hope that Elon Musk will manage to build a factory on time, and Tesla will have a new success! Cars with ICE have smoked the sky for too long. It is time for an alternative!

[@mcmarkmarkson7115]

Still a lot of work to be done. Electric cars aren't as super pure, the Batterie Recycling and disposing isn't great for nature as well.

[@mrdirtblock-minecraft8535]

MC Mark Markson you can use them in TV remotes/ energy storage b4 they die so it would be the same as producing a regular low quality battery for the environment but you get to use it on a car first

[@mcmarkmarkson7115]

@@mrdirtblock-minecraft8535 You get to use a car battery as a remote? Huh? Not only the batteries, but the extra energy consumption, that has to come clean as well. The electric grid in most places is laughable. Not much use if you use coal electricity or from burning trash :D

[@mrdirtblock-minecraft8535]

MC Mark Markson Tesla's are 2.2x better for the environment (only powered by coal) than a very efficient petrol/gas car because they have a 92% efficiency compared to ICE efficencies of 20% for badly fuel efficient and 30% for some of the best

[@mcmarkmarkson7115]

@@mrdirtblock-minecraft8535 that depends where the grid gets it's power from.

[@pojdiavaj1422]

Thank CHINA for kicking ICE to the curb!!

[@jililin2078]

Poj Dia Vaj what is ICE?

[@FernandoGarcia-si6fp]

@@jililin2078 I.C.E or ICE means Internal Combustion Engine. It's a cylinder and piston engine design that uses the combustion of fuel to produce power, it can be either gasoline or diesel. Here's a video that explains it better: kzbin.info/www/bejne/rHqtZmOXis51na8

[@enthused7591]

@@FernandoGarcia-si6fp The fuel can be gasoline, diesel, compressed natural gas, ethanol, biodiesel, vegetable oil or many other things.

[@rabin_7]

"Large population is more of a problem" Try explaining that to China

[@joeygb6805]

*laughs in consequences of the one child policy*

[@nehcooahnait7827]

It’s a curse and a bless.

[@nelsonk1341]

Nehco Oahnait you just described nearly everything

[@markplott4820]

Rabin - People commute to work on e-Bikes MOSTLY, the do Drive on the Weekends, its conjested because there are SO many people. but, most in China use Bicycle or Pubulic transit.

[@georgemitchel23]

Still the Chinese LOVE Tesla and Elon Musk... it will be a bit difficult but Tesla will succeed

[@AFlyingCookieLOL]

The price and range must be effective. Chinese brands already have 9k cars with almost 200miles of range.

[@bunnyking8096]

0:31 whats more iconic than a taxi cutting you off

[@comment.highlighted]

Exciting time for Tesla... hope all goes according to plan 😬

[@mrdirtblock-minecraft8535]

Comment Highlighted Giga Factory 3 is on its way! (should be producing in 2 - 3 months)

[@frankmaitland2569]

Warren Buffett, Never mentions he is BALLS Deep in the Chinese car market.

[@dinopappous6639]

At 6:28...the nail in TESLA'S coffin...."...if there's any quality issues, they can be punishing...."

[@Danny94James]

That competition slogan again... What competition?

[@AceGhostification]

China say thanks for a new technology

[@rider2731]

China has much better battery technology.

[@ggrey3155]

Years ago when Elon Musk announced his grand plans for electric vehicles, I knew already he was in the wrong country! He may have praised America's political system, but money speaks louder than words. It is telling that my predictions have proven correct: it is China, not the US, where Tesla's future lies. There are several reasons. First, China's people are getting rich and buying cars for the first time. They have no experience with conventionally powered vehicles that use internal combustion engines. They might as well jump to the latest technology, where it is clear that non-fossil fuel vehicles will be the future. Secondly, there is government support for renewable energy and electric vehicles that is sorely missing in the US! Look at how China has won the race (hands down!) for dominating solar panels and wind mills. China's government knows exactly where it wants to go, and it will use the government's will to get there. Bottom line: China has not been infected with the anti-government nonsense that permeates US politics. Chinese people believe in their government!!! China's people believe government has an important role to play in formulating the national strategy, setting the national agenda, managing the economy, building public infrastrcture, and investing in science and technology. Americans have a fetish with free market absolutism and absolutist individualism. Chinese still believe in society and its well being. Thus, when climate change threatens China's coastal cities, and desertification of its farmlands, China's government will act, with full support from its people. Thirdly, Chinese believe in science!! China has not been infected by a Christian cult that causes people to put faith in unproveable nonsense while rejecting proven science. China does not question that anthropological climate change is real, and that China has to do something about it to help itself. For these reasons, China will win the "race" to renewable energy and electric vehicles, because it isn't really a "race" - the US is barely even taking part. As for Elon Musk, the giga-factory in Shanghai is impressive! It is almost one square kilometer in area, and I read that construction workers are working three shifts 24/7 to get it built. Elon Musk should just see which side his bread is buttered and take up Chinese citizenship. China actually appreciates intelligent people like Elon Musk, unlike people in a certain political party in the US. I will not rule out that China's Communist Party might want a person of Elon's caliber to advice them on science/technology matters.

[@myvids4329]

I think you don't really understand the US or what it is that is available here which allowed someone as intelligent as Elon Musk to develop companies like Tesla and SpaceX. He is South African after all, many of America's best and brightest are immigrants.

[@77.88.]

Odd that GM just quit the Hybrid market the same as they did back in the 90's, I see more and more hybrid cars every day and my old 2013 ugly duckling Prius still gets well over 52 MPG if I do without the air conditioner in the summertime for maybe a 5 miles battery warm up, if I don’t let the battery warm up the mileage will drop into the 40's.

[@TeatruSubtitrat]

Wow that Nio looks awesome, can't wait to see them in europe.

[@plaid9451]

I think I've seen the mission of Tesla stated somewhere and if I understood it correctly this video is confirming the company's tremendous success

[@noahbowie5985]

Soon Tesla will build a gigafactory in India. Right now the business case does not make sense. But within the next 5 to 10 years the Indian economy will rapidly increase as many of the low skilled manufacturing jobs currently located in China move to the cheaper labour market in India. So as China develops into a middle class superpower. India will become the world's factory and an opportunity for Tesla to get their foot in the door first

[@gabbar51ngh]

Apple, Tesla and several other countries are moving. Chinese companies themselves are India. The Chinese themselves are investing in India.

[@noahbowie5985]

@@gabbar51ngh apple is the only exception because it sells hardly anything in India when you compare it to pretty much every other phone companies

[@LegendNinja41]

yup but more like 10 years instead of 5, India is still far behind but it's growing rapidly.

[@lichunhaug]

Noah Bowie India needs building roads first

[@avkk2314]

@Ryan Sun does Tesla needs special roads for driving?

[@BangMaster96]

China has lots of Tech companies, some are very successful in China, however, many Chinese people prefer western companies because of quality. Chinese electric vehicles can't compete in quality of EVs such as Tesla. And i am pretty sure, the Chinese people who can afford a Tesla, will definitely go buy a Tesla over any other Chinese EV.

[@NangongReng1973]

Tesla will be successful 90% because there is a market for new energy cars in China as China is trying to go green. If there is no strong competition, how does China know where it stand in the world? Moreover, more competition mean lower prices for consumer in the long time. Elon Musk also invest a lot in other field such as space exploration etc.Maybe in near future, there may be talks of joint cooperation between Chinese private companies and Elon Musk company too.

[@AFlyingCookieLOL]

Chinese brands have better bang for the buck. ie. 9k vehicles with 200 miles range. They would need a good price point. Chinese companies will compete and that is what going to make it interesting.

[@tomk3732]

Competition in China is very fierce. If you re-badge Tesla and sold it as Bobo it would have exactly 0 chance of making it.

[@NangongReng1973]

@@tomk3732 Do u why US is so afraid of China IP infringement now, compared to past? Because they themselves have copied from the British and Germans , before starting to innovating themselves. US know there is always this process when countries turned from copying to innovating then inventing themselves .I bet China, from today onwards, will start to innovate than to copy. Whether US made noises or not , China will have to implement IP protection not only to protect foreign companies , but to their own local brands which is rising up in prominence. China's rising middle class population has risen to 300 million ppl and will continue to rise further.

[@honkhonk8009]

I hope China does. China pollutes a hella lot more than the US

[@zhuolixie5922]

It’s my first time for years for me to see a complete China map. Thanks:)

[@markplott4820]

Its going to Shrink once America gives JAPAN the BOMB, then Japan and South Korea along with America will use a PINCER MOVE and Cut China off , then all is left to Divide China up.

[@TimIong-km8pg]

Producing EVs in China means a way lower cost and import tax than that in America, so these brings more affordable prices for its all ranges of product lines in the international market. And Tesla's years of foundation of EV's R&D can also make it more competitive in high-end market. And China's mature manufacturing industry helps Tesla to resolve its producing and handing over issue of model 3.

[@thatyellowguy64]

Wtf chinese people love teslas. Theres a reason why there are over 200 supercharges locations in china. Also Chinese people have plenty of money, thats the reason why cali houses are so expensive

[@AFlyingCookieLOL]

Housing price increase can be caused by restrictions not so much people coming in and buying houses. This is the fault of the government.

[@lostn65]

Not all Chinese are wealthy. There's a huge divide. You have the mega rich on one side, as it is in any other country. But at the bottom end, you have people working 16 hours a day in a sweat shop for $2 a day. These are the people making your iPhones. Those guys will never own a Tesla. No western country is going to have a bottom end that makes $2 a day.

[@thatyellowguy64]

Oh yea forsure, itll be the same here in america dont expect someone on min wage to buy a tesla. If you ever been to asia they like american/american brands.

[@fireballyang7310]

@@lostn65 I don't see your logic here. Tesla should not go to China because there are poor people in China? Then it probably shouldn't sell in the US since there are tons of homeless people on the street. Completely nonsense. In fact, let's say only 20% in China are middle class and rich, 80% are poor, Thats more than 300 million middle class which is larger than the entire population of the U.S, twice of the middle class population(150million) in the U.S. And that number is growing at 10% each year which means it's the perfect place for any business investment. Get some education.

[@edukid1984]

@@lostn65 You'd be silly to think that there's still anyone willing to work 16 hours for $2 a day in China today. $15 to $20 a day is more like it, even in your so called sweatshops. Get educated dude. And you don't have to be "mega rich" in China to buy a $100,000 car; there are millions of people in the big cities who can fork out that amount, in CASH, in a heartbeat. Whether or not they are willing to is another story.

[@Wonderworld0000]

I think Elon Musk knew what he is heading to. The culture of face saving from Chinese people is another key for Tesla. You own a Tesla, you should be from wealthy family or so. I don't think Tesla needs to reduce their costs to mid $10k because the Tesla owners won't be able to show off their class. Chinese people are getting richer (not all), they want to be recognized and they are willing to spend at least $40k for a so-called luxury car. Elon should make the EVs from 30k to $200k. I think he still gets what he wants. But 1 more thing: Elon, 80% some companies in China may want to "copy" your techs and ideas. Good tools - good person, helps others. But to wrong person... disaster...

[@mountguitars]

Missing the other point where Tesla can sell cars made in China to other countries at a greatly reduced cost because of cheaper labour and parts.

[@bigdream_dreambig]

The stated plan for the Shanghai factory -- for now, at least -- is to produce only the base-level Model X and Y for the Chinese market. This is consistent with what Elon has said in the past: that it makes the most sense for each market to be supplied by its own local factory. So there are no plans for Tesla to export vehicles from China at this time -- unless by "other countries" you mean others near China. That could conceivably happen within the current guidelines.

[@ljdude123]

Less shipping cost too

[@77.88.]

I wish Elon would take a look at the entire appliance range of product that are rift with problems from the hardware to circuit boards that are faulty, the parts are a lot cheaper and at the same time do not last very long. Made in America use to be the best quality made; China is only interested in fast turnover of products that produce more bottom line profits, the standard of the appliance industry warranty is LIMITED warranty One year thus Sam**** says the cheap made knobs on their gas ranges that break easily and then tell their customer “not under warranty”, but we will sell you a new one for $55.00 X 5= $275 smackers; Yikes!

[@kenli237]

it's the good timing to get in china for business, Smart person always success .

[@albert518go]

The market is the king

[@iinyang3865]

now,many Chinese people plan to use Tesla as the next car..so Tesla’s decision was successful.

[@w2385-i2s]

Tesla will be like D&G.

[@Alejandro-ph6cx]

Tesla’s biggest competitor is Nio in China, all other established car brands are delaying their cars and are selling them at a loss. Telsa will do great once the 35k car comes to market.

[@AFlyingCookieLOL]

There is a lot of other brands that have enormous ev market shares. Some of which is larger than Tesla.

[@tiendoan1333]

Tesla are also selling their cars at a lost. It has been the case for a long time now.

[@Alejandro-ph6cx]

Nerium Oleander which company’s? Tesla, in the USA, has 3 out off the top 4 best selling EV. And in China yes they do have a small market share but that will change when they produce (locally) and sell Model 3 and model Y between 35-40k :)

[@Alejandro-ph6cx]

Tien Doan No they do not. Tesla makes money and has been making money on Model S and X. And since Q3 of 2018 they have been making money on model 3s, selling the higher end ones. They are bringing the price on them down as they are able to make them more cheaply (using less labor & reducing drivetrain/battery costs) they recently brought the price for the midrange model 3 to 42,900. Tesla also made ~400M in Gaap profit in q3 and q4. Off of 6.7B and 7.2B revenue.

[@stefanvdw7895]

Tien Doan Tesla actually makes much more profit per car than the average automaker. Around 15-20% because they eliminated the need for dealerships that just adds to the cost

[@TheBigDaddyClub]

watching this in 2020 when my chinese visa is pending and i cant make any more travel videos...

[@ultimateagenda5112]

The engineering of cars is getting more advanced.

[@gopinathms2012]

No competition at all, Tesla has crazy innovative advancement in EV fields, Audi, Porsche, Benz cars can compete with each other, but never touch Tesla, Tesla is next level crazy.

[@empanadasfritas7142]

TESLA is a real Multinational company without the help of any armies or slaves. Elon rocks.

[@victorhernandez4613]

I don't think the same as you, Friend. The data that I handle is that Tesla has slaves in its factories in the USA.

[@ScarrVett]

If Tesla cars become less expensive than every other car, then more people would by them The costs though.. feelsbadman

[@mypeteskimo5307]

ScarrVett it’s new technology

[@markplott4820]

Fact is TESLA are Already the LOWEST cost CAR to OWN. and you can buy a USED Tesla model S for $34,000 or an ALL NEW Tesla model 3 RWD for $31,000 with Incentives. Tesla model 3 costs $31,000 and it Performs like a $60,000 car.

[@ScarrVett]

Mark Plott 20-30,000 for a new Chinese alternative electric car

[@ScarrVett]

Mark Plott Tesla's competitor in China is the BYD, costing around $26,000 as a new car It's just that people always buy for cheaper in China

[@markplott4820]

@@ScarrVett - yes, but the Chinese Already ordered over 10,000 for China alone, all model S/X and Dual motor + Performance cars are coming to China, GF3 will only make LOW PRICED model 3 and model Y in China. TESLA will continue to import MORE Expensive models.

[@YR2050]

Title should be "Why CNBC is dead wrong about Tesla."

[@besthouseandlot]

Nice one! Just keep going.

[@aduad]

Tesla's only real challenge is pricing and to a lesser extent fast charging...in terms of quality and innovation they are miles ahead of any other EV manufacturer but how many people will buy an $80K - $140K USD car?...even right now they are targeting a $35K Model but imo they should be trying to develop a car in the $25K range...maybe it will have a shorter driving range but it would definitely sell like crazy...hell I'd buy one...but at Tesla prices...it simply isn't attractive enough even with the so called long term savings over regular cars.

[@FeaturingDiversity]

"in terms of quality and innovation they are miles ahead"..... I disagree. As far as quality goes tesla has massive inconsistencies. Sometime the cars are spot on sometimes it's just trash (especially for a $100k vehicle). Also Innovation wise they lost ground. The Audi A8 for example exceeds both the Tesla Model S in autonomous driving capabilities and hardware in terms of sensors etc installed... Don't get me wrong Tesla is good but to say they are way ahead or out of competition is wrong...

[@Tomlovesicecream]

@@FeaturingDiversity I agree. The panel gaps don't even line up in a Tesla. The paint has dust particles in it. The body panel gaps are inconsistent. I own a Tesla, and to be completely honest, for a car of that price, these quality issues are unacceptable.

[@alysiadixon4921]

@@Tomlovesicecream For anyone reading this wanting an honest owner's opinion. These negative comments are completely false. The Model 3 is absolutely amazing and anyone saying otherwise has ulterior motives because it's just not true. Test drive one at least before you make comments as if you are speaking from experience.

[@alysiadixon4921]

@@FeaturingDiversity For anyone reading this wanting an honest owner's opinion. These negative comments are completely false. The Model 3 is absolutely amazing and anyone saying otherwise has ulterior motives because it's just not true. Test drive one at least before you make comments as if you are speaking from experience.

[@femmeNikita27]

American companies don't want to pay taxes anywhere. Even in USA. So no wonder. But for the general public selling this fact in such form as "we cannot lower prices for clients due to taxes" produces probably so desired pressure from clients on their own governments to reduce taxes for them. Hence such conversation going public. Really someone believes Elon musk would allow his phone conversation to be heard in such form unless he wants entire world and his Chinese clients to hear it in such form? ;-) Business is business. Social media like YT is part of this.

[@melvin5818]

You are forgetting one thing Chinese love foreign brand

[@dduay]

Chinese love good brands.

[@mirandaay3422]

You wanna know why there is so many EV cars sold in China? Because we care about environment very much unlike what they said in Fox news. In my city all 10000 cabs and 3000 buses are Electric powered and there are 20 cities like ours in China

[@reblo111]

How many batteries does mercedes, audi and bmw make?

[@mexicanracer03]

No other car manufacture can complete with #Range , #performance , #battery #durability , and #charge as #fast as #Tesla's #TESLA #1

[@jimmyhaotran123]

The US gdp per capita is 6 times more than Chinese, while China population is 4.3 times of the US. To be fair and even, China should only produce 0.716 of what the US electric cars, assuming electric cars arent cheap at any point. But appearantly China is producing over 4 times of the US, totally disregarding peoples income. Imagine the time when Chinese citizens become as rich as average Americans, still a long way to go but, its incredible i must say.

[@edwardtse8631]

That's because of government subsidy. in a communist country, if the government wants something to happen, it'll happen, that's exactly what happened to electric car and over produced solar panels a few years ago.

[@jimmyhaotran123]

@@edwardtse8631 so true similarly here in Norway, there's another video on KZbin talking about how every 1 out of 10 people here drives a Tesla especially in our capital Oslo. The reason is simply the same that Norway is super socialist country or another words a highly communist country even though Norwegians usually don't like to refer themselves as communist but fundamentally they are the same economic policy. High taxing, trying to make paid salaries the same for every industries every type of works. Here you would find that working as a cleaner or bus driver is paid approximately 70% as much as consulting jobs or managers. And when this country wants to go green they simply cut the importing tax of Tesla and then heavily subsidize it. Then everyone would buy a Tesla over Toyota. But sadly people always think that communism is the opposite of Democracy, the actual opposite of communism is capitalism and democracy is the opposite of dictatorship.

[@bigdream_dreambig]

It's because China, rapidly growing into an industrial nation, has had a HUGE pollution problem, so their government has been trying to address that through subsidies and other facilitative efforts.

[@jimmyhaotran123]

@@bigdream_dreambig based on my experience is air pollution is not as bad as it is, the polluted rivers condition are way more extreme. Those rivers looked like one tap of those water is capable of poison you to death.

[@lc7592]

What a joke, rich as average Americans? 😂

[@Midwest-hx8wf]

WTF Trump

[@madtexmex5305]

Trump is building a wall

[@yuri30027]

@@madtexmex5305 A expensive wall

[@aryasona8843]

Yuri Siqueira it’s huge. It’s gonna be great.

[@awestuvid]

Why is Taiwan included in their map of China? This video should be titled "Why CNBC needs China"

[@anupapasanjith]

Taiwan is a special administrative region of China. Which means mainland funds are used to develop Taiwan. So Taiwan is China, with a different government.

[@awestuvid]

@@anupapasanjith is what you would think if you grew up in China. How are you using youtube? What VPN do you use to illegally access the internet from China?

[@anupapasanjith]

@@awestuvid Lol, VPNs are not illegal

[@lloydpk6302]

So if the EV and batteries turn out to be cheaper when made in China. When regulation on exports and logistics will be more supportive than anywhere else, why would they worry too much about selling them all in China?

[@wonderplanet343]

People love best quality.. but also local and cheap.. so a huge variety will sell including Tesla 😎

[@jubeiyamamoto5897]

Bad idea! China will copy and make their own Tesla!😬

[@TheAviationistKhizr]

They cannot match the software that quickly...

[@jubeiyamamoto5897]

American companies had been penetrated many times and you can make a good guess by whom!

[@correctopinion505]

5:10 That is one of the ugliest cars I've ever seen.

[@77.88.]

You should look at my ugly Toyota Prius,however she functions well with probably the best engineering in the industry!

[@MDF4072]

Tesla will have copycats days after first day of sales lol

[@tiendoan1333]

Tesla copied China. Lol, the irony of fanboys

[@sickbailey21]

there are already plenty of teslas in china though, so it would already be happening.

[@red010182]

Those who don't even start copying will lost the entire EV industry in the near future, just like Europe's digital industry is occupied by the US. Keep laughing, let's see.

[@nanoshka7484]

For the sake of God!! Elon made ALL Tesla innovations as open sources few years ago. He encourages anyone, any factory to use his tech, to benefit the entire world. Please do some research before you make false claim! We live in a democratic country, anyone can say anything, but spreading hate and false is just despicable!

[@MDF4072]

Does saying that other companies will copy a certain car also means that im hating ?

[@raczyk]

are these changes already priced into the market?

[@revolutionforjapan]

Tesla’s success in the Chinese market is a great contribution to the prevention of global warming. It’s a good news!

[@demlinnalo2030]

👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍

[@kingnd3324]

Elon's biggest challenge in China: don't get his daughter kidnapped.

[@PassportGaming]

So in order to help the US economy Trump started a tariff war which ended up forcing Tesla to invest Billions of American dollars to build a factory in China and employ thousands of Chinese workers😂 What a genius

[@77.88.]

This deal was done long before Trump started his just tariff war against China ,China has been taking advantage of the USA since Clinton sold out our country and remember China could not take advantage of our country without political, corporate and Wall Street help, we cannot berate China for taking advantage of what our country allowed...

[@sherlockholmes882]

It's good that Chinese government is providing huge subsidies to local manufacturers and at the same time allowing competition. Best combo to improve services and products.

[@VinceroAlpha]

This hasn't aged well.

[@Saif_guidence]

It has

[@mdbx3887]

TESLA NUMBER ONE IN THE WORLD IN 2030

[@mdbx3887]

IN 2025 MUSK SAYS TSLA TO 500 BILLIONS IN 2027 MUSK SAYS TESLA TO 650 BILLIONS IN 2030 CITRON RESEARCH AND LOT OF OF ANALYSTS AND MULTIBILLIONAIRS SAYS TESLA TO 1000 BILLIONS IN 3 YEARS AFTER MAX ANALYSE CITRON RESEARCH SAYS TESLA TO 1700 BILLIONS $...

[@Findyification]

enjoy ur tariff :D

[@tbyte007]

"Chinese not forgiving on quality" - is that dude brain damaged ?

[@goldreverre]

Hahaha... nailed it. He's obviously never been in a Chinese building

[@comradeofthebalance3147]

bruce jackson Yeah. You too. You have not been in many solid structures before

[@goldreverre]

@@comradeofthebalance3147 你开玩笑吗？ I've worked in China. I know what it's like better than most. I like China, but if anything actually works properly, it's noteworthy.

[@tbyte007]

@Tango Zulu They make crappy stuff period.

[@joeysok2366]

I bought any China made last me only 3 days from now on I have to look before I buy. Also my friend bought the car call greatwall it fall apart in 3 day.

[@Morningglory007]

How safe is it to ride on top of a powerful battery ?

[@Krackerlack]

Tesla: *builds factory* Coronavirus: *helo*

[@earlpottinger671]

Tesla shares fall 40% everyone else falls a lot more. Ford falls into the junk bond area. Tesla is still better than all the other car companies.

[@狂拽酷炫-o8m]

wenn you only know two words and must build a sentence

[@earlpottinger671]

@@狂拽酷炫-o8m ??? What are you talking about?

[@Akash77133]

I really hope Tesla take over the Chinese market successfully. In this way we get cat girls faster #forthesakeofcatgirls

[@Jazzmaster71]

Well good luck with that with the ongoing escalating trade war.

[@babydugg2689]

Tesla Makes Software cars.... there's a Difference !!!!!

[@ArthurMoore-ii8nn]

2:57 I'm sure this feature has been used for some really inappropriate things.

[@pleasednut3881]

To be honest, building a gigafactory in China is a win win, it'll create cars that China wants in it's market, help Tesla production, and help reduce carbon emissions from China.

[@StevioGaming1]

How in gods name would that reduce emissions. Do you have any idea how much coal China burns each year and to keep up with higher electric demands they will just open more coal plants.