What would the appropriate strategy have been after realizing China had decided to squeeze foreign cars out of the market? The "obsolete business model" still sells many cars world-wide.
What would the appropriate strategy have been after realizing China had decided to squeeze foreign cars out of the market? The "obsolete business model" still sells many cars world-wide.
Maybe recognize that China needed energy independence and that they needed to turn to EVs? Designs and sell cheap EVs in China?
Tesla is a top selling car brand in China.