(12-06-2023, 11:00 PM)ElwoodBlues1 date Wrote:I thought our Teslas in Aus are made in China?, batteries are also now made by BYD because they do them cheaper......Tesla subcontract a lot of the manufacture, their setup is very similar to Apple, but you won't hear any speak out about it because the legal penalties are horrendous and they have reputation of stomping on suppliers.
In some cases the subcontractors are owned and licensed by the country the factory is built in, whether it be making bodies, batteries or other components. Quite similar to the situation we had here with GM and the Fed funding.
As I understand it, when you say a company in China, Indonesia, Malaysia, Thailand, etc., etc., is foreign owned, what that tends to mean it is a minority foreign ownership. To get a slot / license you have to have a majority shareholder who is indigenous. Just like Foxconn with Apple.
A lot of people have been calling for similar regulations here in Oz, so at least some of the profit stays where it was made!
Media sometimes confuse Owners / Board Member / Director with being an Executive Director, in Oz you need a locally based Director, but that Director is not necessarily a shareholder, they are just a well paid Executive with all the mandatory liabilities attached.
"Ruck, ruck, ruck, ruck ....... Ruck, ruck, ruck, ruck"