CarlK
Active Member
My point was that protectionism has historically worked well for nations to build up their own industry/economy. It is only after they have developed an unassailable competitive advantage that these "altruists" begin to insist on forcing "free trade" upon those nations who have sought to later follow their example.
Getting back to the present then, it is entirely legitimate for nations outside the US to regulate the influx of potentially shoddy Tesla OTA updates which may affect user/road safety.
If that by coincidence causes a delay during which native competitors introduce a superior product, then by the rules of free trade it is a win-win, as Tesla must up their game to remain in it.
Thus you should be delighted to see Japan & EU & China assist Tesla to improve ... Lord knows it sorely needs all the help it can get!
Protectionizm may work for a while but in the long term it always has negative effects since it disincentivizes competiton and innovation. Remember Elon and Warran Buffet had this exchange of building moats versus to innovate? In the end Buffet seemed to concur by saying innovation will not work for candy business (BH owns See's Candy) although Elon did not even seem to agree with that. As for that China article as I said its conclusion is not accurate. China's history going back centruris or decades proved exactly closed door policy is not good for the country. And it probably will not reach the level it could be if it continues the not truly open trade policy.
Going back to autonomous cars and OTA, or EV in general, it's pretty clear all those car companies are doing what they do partly, if not largely, because of the threat from Tesla. Taking that threat away they likely would, rightfully so business-wise, slow down and concentrate more on less risky and more profitable business they are in at the moment. Fine if Tesla fails and going away because of that but consequnce for them would not be too good it it does not. I agree it will actually make Tesla an even stronger company although it not good for its mission of accelerating transition to sustainable transportation.