Is Tesla Shoving It In Trump's Face By Producing Cars In China To Skirt Tariffs?
Once again it seems like the rules apply to everyone - except Tesla.
First it was "Funding Secured", argued to be one of the most blatant examples of securities fraud in recent history - all but ignored by the SEC. Then it was scores of Tesla vehicles involved in various "Autopilot" related accidents - all but ignored by the NHTSA.
Now it's moving to China to produce vehicles in order to skirt tariffs - all but ignored by President Trump.
Tesla is now going to be delivering Model 3 vehicles built in its Shanghai factory effective Monday, according to Reuters. Construction of the plant began in January and production started in October. Tesla's goal is to produce 250,000 vehicles a year at the factory, after the Model Y is added to the line.
The first 15 cars to roll off the line on December 30 will go to employees.
https://www.zerohedge.com/technology/tesla-shoving-it-trumps-face-producing-cars-china-skirt-tariffs