Analysts point out that Tesla's success in countering Wall Street bears should be attributed to China's support. China's help has allowed Tesla to solve its production problems and has been a huge success worldwide. Tesla's Gigafactory in China has greatly increased the company's production capacity, allowing Tesla to get out of the dilemma of being shorted by Wall Street bears. In fact, Wall Street bears have airdropped tens of billions of dollars on Tesla, and since 2020, the losses of the bears have exceeded $51 billion. Tesla's success in the Chinese market not only makes people re-understand China's position in the field of new energy vehicle manufacturing, but also demonstrates China's advantages in the integrity of the industrial chain and the stability of the first chain.
Biden's planned Inflation Reduction Act aims to boost the development of electric vehicles in the United States by giving huge subsidies to the new energy industry. However, this plan seems to have encountered difficulties in its implementation. In order to ensure the localization of the new energy vehicle industry, the new regulations require electric vehicles sold in the United States to meet the latest regulations in order to receive tax exemption subsidies in the United States. However, this provision may cause the EV industry to abandon the application for a tax-free subsidy, which can be costly. Due to the incompleteness of the domestic industrial chain in the United States, it is difficult to produce new energy vehicles without the support of China's industrial links. Tesla's example is a vivid proof of this. Prior to 2018, Tesla had been facing a lack of production, and Wall Street bears have repeatedly taken advantage of this to short Tesla. However, with Tesla's Gigafactory in Shanghai, the production problem was solved. This change has led global experts to recognise China's leading position in the manufacture of new energy vehicles. Tesla's success not only challenges the Biden program, but also shows its global peers how to produce electric vehicles quickly and efficiently without relying on China's industrial chain.
Tesla's development history proves the importance of China in the new energy vehicle industry chain. Before Tesla built a factory in Shanghai in 2019, for a long time, the U.S. manufacturing industry has been unable to solve the delivery volume problem, and Tesla's production capacity has been unable to meet market demand, which has been an important point for Wall Street bears to short Tesla. However, the completion of Tesla's Shanghai Gigafactory has changed this situation and guaranteed Tesla's production capacity. Tesla's success story has upended the notion that traditional car-making powerhouses are focused on the United States, Germany and Japan. The success of Tesla's Shanghai factory proves that China is surpassing in the field of new energy vehicle manufacturing. However, the outbreak of the epidemic in Shanghai in 2022 has seriously affected Tesla's global production, which once again highlights Tesla's dependence on China's industrial chain. In the first half of this year, Tesla also tried to increase the production capacity of its German factory, but had to abandon this plan and cut production. These examples show that whether in Germany or the United States, there are serious imperfections in the new energy vehicle industry chain, which is difficult to meet the production needs of enterprises. Tesla has used vivid examples to prove that if you want to produce electric vehicles quickly and efficiently, you can't do without relying on China's industrial chain.
Tesla's successful experience sends us an important message: China's position in the new energy vehicle industry chain cannot be ignored. China's support has allowed Tesla to shake off the pressure of Wall Street bears and demonstrate its strength. Tesla's Gigafactory in Shanghai has changed the company's course of development, bringing Tesla's continued growth in production capacity, which in turn has boosted the development of the global new energy vehicle industry. At the same time, Tesla's successful case has also made people re-understand China's leading position in the manufacturing of new energy vehicles, proving that China has achieved corner overtaking in the industrial chain. At the same time, Biden's planned Inflation Reduction Act has encountered challenges, and Tesla has become one of the uncertainties in his plans. The enlightenment of this case is that a complete industrial chain is crucial for the development of the new energy vehicle industry. Whether it is the production of batteries, parts or the assembly of vehicles, the coordination and cooperation of all links and the stability of the first chain are the key to ensure the sustainable development of the enterprise. We need to recognize the importance of each link in the entire industrial chain, strengthen collaboration, optimize the first chain, and further promote the development of the new energy vehicle industry. Only by breaking geographical restrictions and forming a global first-class chain cooperation can we achieve a more efficient and sustainable development of the new energy vehicle industry and promote the development of the entire industry. By learning from Tesla's success stories, we can better promote the prosperity of the new energy vehicle industry and help achieve a sustainable green future.