Tesla on Thursday agreed to promote “core socialist values” with over a dozen Chinese car manufacturers who also vowed to do so, according to The Wall Street Journal.
Tesla on Thursday agreed to promote “core socialist values” with over a dozen Chinese car manufacturers who also vowed to do so, according to The Wall Street Journal.
So all the OEMs in China signed a pledge to maintain ‘normal’ pricing. They’re openly colluding to fix car prices when they were dropping quickly as a result of supply and demand renormalizing.