What’s this なにこれ? (Nani-kore direct trans):
- My Human Resources Prof told me in order to be a great Global HR director, you need to READ A LOT. especially NEWS.
- So here I am: practicing my business analytical skills + reading a lot + ‘expressing’ my writing skills
- What you can expect: CRUDEST summary for the news (written as if I’m writing a drama script. Well, it’s more fun~ both to read & write)
- I’m also attaching the links to the original articles so check them out! Love to CNN for the first piece!
- ” Me opinion” tag: where I insert my own two-cents
Why is it すごいね ?! (Su-goi-ne = cool)
- 1. “Magically” built: Tesla Gigafactory in Shanghai
- Finished hella fast in 10 months
- I wonder how long this would normally take…
- Finished hella fast in 10 months
- 2. Your local enemies have to wed a foreigner to enter their territory but you can march in as an attractive bachelor.
- First time a foreign company open a shop without a Chinese partner – previously, you need to enter joint venture to own a business there
- less prying eyes
- more control
- less rooms for cultural conflicts (not only just about Western vs Eastern, but company vs company culture)
- Me opinion: If I can operate a factory/ business in China (wholly-owned), bruh….. the ka-ching and the playing field is expansive.
- First time a foreign company open a shop without a Chinese partner – previously, you need to enter joint venture to own a business there
- 3. Even when the Big Mama and Papa are fighting , Tesla is a love-child that is granted special treats.
- US and China trade war with China planning to resume tariffs of 25% on US imports of automobiles and 5% automobile parts in December.
- Tesla: the only foreign manufacturer being granted a tax exemption
- Me opinion: what’s the secret details in securing this exclusive love?
Maybe Tesla should think twice about going to the Big Mama’s Land?
- Your Big Mama’s side of the family is pretty fierce: your cousins are big & strong and can do stuff much cheaper than yours.
- China homegrown companies such as Nio (NIO) and BYD (BYDDY).
What to look-out for:
- For Tesla:
- What’s yours is mine and what’s mine is mine:
- Possibility of intellectual copy-cat from China
- Reminded me of a horror “true-not-true-who-know” story passed on among my friends how a friend of his set up a factory with Chinese partners and later on, few of the partners set up an identical factory in front of his. Within a few months, they quit and move over to operate the new factory.
- Would there be a Chinese Tesla – no need for Elon Musk?
- Me opinion: when you can do it by yourself, maybe it’s time to go solo? If you talk about relative advantage, then you do what you are best at and I do what I’m best at. But when we are fluctuating between frienemies, then it might be better if China become better at what Tesla does?
- Puff those chests and shout to the world how great you are!
- China: humongous nation – the need for Marketing in China
- In US: social media and news can take care of words of mouth but maybe this new landscape call for a different megaphone
- Me opinion: Keep on focusing on development (how to make better Model 3 , and slightly more expensive for Model Y) + negotiate for Chinese authorities to be megaphone for you
- What’s yours is mine and what’s mine is mine:
Original Article:
- https://edition.cnn.com/2019/10/24/tech/tesla-gigafactory-china-europe/index.html
- https://money.cnn.com/2018/07/10/news/companies/tesla-china-factory/index.html
- https://edition.cnn.com/2019/09/02/business/tesla-china-shanghai-gigafactory-tax/index.html
- https://edition.cnn.com/2019/08/23/business/china-tariffs-trade-war/index.html
What’s your take on it? Please share your thoughts below! I’d love to read them and chat with you over online fries 😂🍟~!