I think it's just the cost of doing business in China. A lot of American CEOs in... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		tooltalk on Nov 6, 2024 \| parent \| context \| favorite \| on: BYD added a Tesla-worth of production capacity ove... I think it's just the cost of doing business in China. A lot of American CEOs including Elon Musk, Tim Apple have to sing and dance to the CCP's piping. And China is still the biggest EV market with 2/3 of the global EV market share.

peutetre on Nov 6, 2024 [–]

> American CEOs including Elon Musk, Tim Apple have to sing and dance to the CCP's piping

They don't have to, they choose to. Oligarchs usually submit to authoritarians because profit comes before principle. They get their short term gain and others will have to pay the long term cost.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact