If Elon Musk Chose Taiwan 8 Years Ago: Shen Guorong Laments Tesla Wouldn't Have Faced Fierce Competition in China

Reported 10 months ago

Due to Tesla setting up a factory in China, the electric vehicle industry in China flourished; however, the competition became too intense for Tesla to maintain an absolute advantage. Recently, during a meal discussion between financial media Chairman Xie Jinhe and Granmaster Group Chairman Shen Guorong, it was pondered what if Tesla didn't go to China in 2017 and instead collaborated closely with Taiwan, how would the situation be today? Shen expressed endless regret, suggesting that if Musk had chosen Taiwan at that time, Tesla wouldn't have faced such fierce competition in China as it does today.

Source: YAHOO

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