Tesla’s announcement to build a megapack factory in Shanghai has prompted questions about the American electric carmaker’s dependency on China, and a U.S. representative finds it “very concerning.”
“Tesla seems entirely dependent, A, on the largesse of the federal government via tax breaks, and B, upon access to the Chinese market,” Rep. Mike Gallagher (R-Wis.) told Reuters on April 10.
Gallagher, chairman of the U.S. House Select Committee on the Chinese Communist Party (CCP), expressed concern about how Tesla would balance its operations in China with the support it receives from the United States.
“The sort of deals they’ve struck there seems very concerning. I’d just be curious to know how Elon Musk balances both of those,” he said….