Trump makes triumphant return to Madison Sq Garden
US President-elect Donald Trump has made a triumphant return to the Madison Square Garden (MSG) with his entourage of high-level nominees and advisers to watch a mixed martial arts championship.
“They have been supportive. But it would be weird if they were more supportive to a non-Chinese company. They’re not,” he was quoted as saying.
At the time when China is facing criticism from across the globe for a several of reasons, Tesla and SpaceX CEO Elon Musk has come out in support of the Chinese workers saying they are ‘smart, hard-working people’.
Musk made his comments during an interview with a podcast-Automotive News’ three-part ‘Daily Drive Podcast’. Musk not only lauded Chinese people but also slammed American workers saying that they are ‘entitled and complacent’.
Among all the US work force, Musk specifically criticised people from New York and California despite these states supporting his businesses, especially Tesla, with considerable tax breaks, regulatory credits and other government help, reports CNBC.
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When asked about China as an EV strategy leader in the world, the Tesla CEO replied, “China rocks in my opinion. The energy in China is great. People there – there’s like a lot of smart, hard working people. And they’re really — they’re not entitled, they’re not complacent, whereas I see in the United States increasingly much more complacency and entitlement especially in places like the Bay Area, and L.A. and New York”.
Last year, Chinese government officials helped Tesla secure loans worth around $1.6 billion to construct and begin manufacturing vehicles at the company’s relatively new Shanghai factory. This year, the Shanghai government helped Tesla get back to normal operations quickly after the Covid-19 outbreak was controlled in the country.
Musk, however, said that Tesla has not received as much assistance from the government in China as domestic firms. “They have been supportive. But it would be weird if they were more supportive to a non-Chinese company. They’re not,” he was quoted as saying.
“My advice, you know, to corporate America or companies worldwide is to spend less time on marketing presentations and more time on your product. Put down that spreadsheet and that PowerPoint presentation and go and make your product better,” Musk advised.
The multi-billionaire tech mogul last month hinted at a possible new factory in Asia but that would not be in China this time.
When asked on Twitter about whether Tesla plans to “expand mega factories in Asia outside China”, Musk asserted on a positive note but also said that currently, the company’s priority is to complete the new Tesla Gigafactory in Berlin and another in the US.
Tesla is expanding its Gigafactory Shanghai and adding more production capacity in Gigafactory Nevada and Fremont factory.
According to experts, the company may open the factory in either Japan or South Korea as both have strong existing automotive industries.
The electric vehicle maker is chasing an ambitious target of being able to deliver 1 million electric vehicles per year.
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