• Ernie Diaz

Electric Avenue

Lover or hate him, Elon leads the way.

Tesla enjoys a reputation in the world's largest auto market that makes domestic China brands like NIO green with EnVy.

A greater feat, by Fox News standards, is the government support Tesla enjoys here, helping it hang on to its top status: tax subsidies, and a big boost to reopen its Shanghai plant during the height of the pandemic.

Tesla's trailblazing is now wide enough that stodgy old scaredy cats such as Toyota, Daimler, and even geriatric GM are forging China EV JV's. 

"The play for non-auto-producing foreigners is in parts and the materials to make them," says Jimmie Jeremejev. "Not just batteries, but the spiking demand for lithium and other rare-earths that go into the magnet motors. Also, driverless EVs are much closer than people think, with the long tail of software and services that implies."

14 views0 comments

Recent Posts

See All

Let's tick off all China's bad news, before getting to the good news. Good news, that is, for investors looking to diversify their global portfolios. Not so good for Gordon Chang and other patient app

Like Hollywood, the western press is invested in narratives and emotional manipulation. Unlike Hollywood, that press has no compunction about skipping the third act of a story, if it doesn't fit that

Politics makes shortchanged bedfellows. As we've written before and will no doubt write again, the paradigm that China stocks = the VIEs of giant tech companies that make it to New York is keeping ave