Whatever you thought of his editorial style at TTAC, Bertel Schmitt is the best person to turn to if you want to make sense of China's car market. His column today, on the rumors about a Tesla joint venture in China, thoroughly debunks the case made in Chinese media reporters.
According to BS, the rumors are all, well BS
A JV with tiny Lifan would bring Tesla nothing, and the JV has little chance of being approved. A JV with Chang'an would have more chances of an approval. Basically, it would be a JV with China's military-industrial complex. Not the most ideal fit for an Elon Musk who likes to be seen as someone who changes the world for the better.
Read the whole thing here for a better explanation of why Tesla isn't likely to pursue a Chinese JV the way it's being reported.
The post BS Explains Why Tesla's Chinese JV Is BS appeared first on The Truth About Cars.
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