This probably means Tesla can not open a Chinese R&D center unless they move their headquarter into China and close the US one.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Earnings and dividends are not the same thing. E.g. It is possible for TSLA to simultaneously be highly profitable while shoveling every last dollar of cash into ambitious CapEx.
dc_h
Active Member
Not funny. NIST opened a challenge to replace RSA encryption back in the early 1990’s. AES replaces RSA for banking transactions, although many legacy applications couldn’t be updated until after 2000. RSA was a USA standard and every USA bank transaction, including government transactions were ITAR violations. Congress typically passes these laws with little direct understanding of the impact.This probably means Tesla can not open a Chinese R&D center unless they move their headquarters into China and close US one.
This probably means Tesla can not open a Chinese R&D center unless they move their headquarter into China and close the US one.
They could have an R&D center, they just couldn't import that portion of software. They could work on something else, or they could even create their own NN training software couldn't they?
Over at CNET Sony debuts an EV concept
Nobody expected Sony to build an electric car, but they did it anyway
Nobody expected Sony to build an electric car, but they did it anyway
dc_h
Active Member
They could, but that rarely create any real value because of the communication costs across two different time zones.
Most of US company open R&D center in China only to harvest Tax benefits or as the expense they have to pay to stay in that market. As soon as these benefits vanish, they close their RDCs.
I am only kidding about Tesla opening RDC in there, certainly Chinese would have used that as part of the requirements for a deal, but Elon is too smart to waste money in that way.
Sony use it as the platform to demonstrate their sensory and entertainment suits, there is no plan to really make the car themselves.
StealthP3D
Well-Known Member
It's amazing the way Tesla brings out the "can do" spirit in so many companies not even in the automotive space. They all want to have Tesla-like products. Sadly, this one will never hit the road.
Can you imagine:
"So, what kind of car do you drive?"
"A Sony."
"A Sony?"
StealthP3D
Well-Known Member
Oh boy! Now you've done it!
How am I going to sleep at night now that you've mentioned this unmentionable topic? /s
EVNow
Well-Known Member
Not really.
Most silicon valley companies have development centers in India & China. After 3 decades, they have certainly figured out how to create real value. Essentially you handoff individual complete projects that can be done offshore. That way you minimize the communication needs. Major software companies have dev centers in India & China with 10s of thousands of engineers each.
China MAY ban ICE sales by the end of the decade. I wonder if this could affect Tesla somehow...
Ray
Tesla
️
on Twitter
Ray
Tesla️ on Twitter
StealthP3D
Well-Known Member
Still not getting 52week high notifications from Robinhood.
But did you all know FB hit a 52 wk high today??
Probably because TSLA has not been inducted into the S&P500 (yet).
Bet TSLA
Active Member
What does Tesla have to do with "most" companies? Elon already said that Tesla was looking to hire the best Chinese engineers at GF3, and that the only way to do that would be to give them meaningful work to do.
What I expect is a small Eurocar to be designed and built there. Can you imagine the incentive they would have to make something to be exported to Europe? National pride. Use it! Of course the locals would be wild to buy such a thing too, so win win.
A solidly profitable company can borrow for CAPEX at a very low rate right now. (Tesla does not have yet that bond rating to do that yet and thus profit right now is very important.) For hypergrowth you need development and running initially unprofitable projects. Musk wants to make at the right time not only premium cars but all cars, airplanes, boats, solar plants, replace gas heating with electric, etc. as fast as possible. Development and projects that will generate profit only years down the road need profits from already mature projects.
I also assume that if Tesla had been profitable at that time the Boring company would have been founded as part of Tesla. (Too bad it did not happen that way.)
Last edited:
woodisgood
Optimustic Pessimist
China MAY ban ICE sales by the end of the decade. I wonder if this could affect Tesla somehow...
Ray
Aha! Another artificial demand lever. Paging Dr. Kolodny!
That is funny, for sure.
But it does make me wonder why anyone would bet against a company with award-winning products that consumers love, and which governments the world over are practically mandating, while outlawing the competition.
what am I missing?
Similar threads
- Locked
- Locked
- Locked
