/biz/ - Business & Finance

>>20216498

There you are. I was saving this ridiculous article for you lol.

>As Tesla (NASDAQ: TSLA) expands quickly in China, how exposed is Tesla to Elon Musk’s possible entanglement with Chinese authorities? Is this silly to ask? Perhaps as ridiculous as the possibility of a pandemic before it all started. There have, in fact, been hiccups with high profile foreign executives detained in China, as we detail below. With trade tensions between the U.S. and China remaining high, investors should not discount such possibilities.

>Here’s the thing. Of course, Elon Musk is outstanding. However, his volatile temperament and squabbles with government authorities ranging from the SEC to local health officials in Alameda County, California, have grabbed many headlines. Now Tesla is quickly expanding operations in China – deliveries are scaling up from the company’s Shanghai plant, and demand is soaring post the Covid-19 related lockdowns. (See our interactive analysis How Will Tesla’s Strong Q2 2020 Deliveries Impact Earnings?) This likely means that Elon Musk is going to be traveling there a lot, interacting a lot more with Chinese regulators, suppliers, customers, and the Chinese government – that, directly or indirectly, owns many of these small and large entities. What risk does this present to Tesla stockholders? The short answer is – Musk should NOT want to mess with Chinese authorities.

-Via Forbes
http://archive.is/9eugk