Elon Musk has just signed an agreement in China to build a giant factory
to manufacture electric cars. Yes, he is going against Trump’s America
First, by turning away from the USA to Made In China. Harley Davidson is
also doing the same by moving its factory to Mexico. Both quoted that
for their companies to survive they must be in China. Leaving China
would kill their businesses.
By moving production to China, Elon Musk is capitalizing on a skilled
and discipline workforce that is paid one quarter of what he would have
to pay an American worker. And he would also have a market of 1.4b
people waiting to buy his cars. His cars would be produced much cheaper
and could be sold cheaper or with bigger profit margin. To produce his
cars in the USA would be suicidal as his cars would be too expensive and
the profit margin too thin to be profitable.
India has been courting Elon Musk for a while to produce his cars in
Make In India, even allocating a piece of land for the Tesla factory.
The news of Tesla’s giant factory in China is making the Indians very
angry, not at Elon Musk but at China. This is typical Indian anti China
mentality. China is competing for business and would give the best terms
to any investor and Elon Musk is the one that made the final decision
choosing China instead of India. Why the hysteria and mass protest to
hate China for a decision made by Tesla, the investor? India should
compete by being more competitive than China if it wants Tesla or any
investor to produce in India.
Trump is dumbfounded with the decision of Elon Musk that is a slap in
his face. He should be the one that should be very angry with Elon Musk,
but he for once is keeping his mouth shut. Any big American business
following Trump’s American first policy is going to die cock standing in
the international market of fierce competition. The cost of production
in America is just insanely too expensive to be competitive in the
international market. But that is another Trump card to bring down the
American Empire.
Free trade is here to stay.
33 comments:
Tesla's investment in China create jobs for Chinese.
Foreign investment in Singapore create jobs for foreigners.
Trade war between Uncle Sam and China will spur the latter to strategise and overcome the tariffs imposed on Chinese goods. China will fight tooth and nail to win the trade war. Elon Mask bringing Tesla to China is the first sign of a potential Chinese victory. Trump will not make Uncle Sam great by fighting a trade war with China and the rest of the world. The Chinese market is huge and the Chinese have the means to spend. India has a long way to go to match the Chinese in doing business. Tesla choosing China over India and Uncle Sam is most telling.
Spore has also become very costly n thus uncompetitive with all the costs hikes n profiteering by Poppies. How to compete when ownself shoot ownself citizens to become Sinkingpore? Oh! Understandable when you pay yourself millions you are in a total different universe from the sillyzens.
The little red dot has been also by some retrenchment of the Intl Big Mouth Co & OssieBc bank tellers being told to reassign jobs or replaced. Probably Sinkies first policy also won't work here. But if a company that dun wanna take care its own cuntry pple, such company won't last as the adopted ppl of that company will be awaken one day, by tat time tat company already become big fat guy & jiabo to other countries again for more profiteering & vicious cycle jump starts in the free trade world, how long will it last? NoboLee knows..
Elon is not just a real life "Tony Stark" without the Iron Man suit---brilliant engineer and scientist, but also a savvy entrepreneur. Anyone who says Silicon Valley has a "diversity problem" is talking shit. Elon Musk is AFRICAN. ;-)
The US may have been the first humans on the moon, but Elon will be the first human to put a sports car on Mars! :-))
This, IMO, is a brilliant move. Tesla is losing bucket loads of money in the US. He keeps having to ask investors for "more money" to finance a brilliant car, but a rotten money loser.
Going to China is a smart play. So what is Tesla is walloped with a 25% Trump Tariff if it sells to the US market? Fuck that shit, China market alone is worth several times that, plus there is the rest of the world too.
Elon resigned from Trump's economic panel of advisors. Another smart play. Trump wants to "put Amrica first" as that is his job. Elon's job is to put Tesla first, and Trump is just getting in the way. (no one wins in tariff-trade wars).
Also, China is leading in the space of electric vehicles. China is also the world's #1 user of INDUSTRIAL ROBOTS for manufacturing, plus there's the work ethic, relatively lower costs...and also huge resources for capital---Shenzen, Shanghai and Hong Kong stock markets.
The next smart play for Elon would be to sell Testla at the right price to the likes of 10cent, Baidu, Ali Baba etc....all fucking giant companies with giant amounts of cash, and most importantly YOUNG, SMART, TECH-SAVVY bosses.
Well done Elon. Such a nice "fuck you" to that orange-haired prick of a nasty human being.
Just like many before him, setup factories there, transferred the know hows, being kicked out of business because the state will set up competitive firms to rival them.
Beware of the commies.
Multi National Conglomerates headed by Right thinking Business people with no parochial affiliations with whosoever is the government made sound decisions based on business prospects and not blind loyalty to the jinx stupid adminstration.
A country prestige of disciplined and hard working populace with their integrity and honesty in their present and past dealings with themselves and others are what's they looked for. Also, vast domestic market with their own spending power. Alternatively, excellent logistical facilities for export elsewhere.
India comparison to China is like Heaven to Hell. China's workforce labour with extra incentives can be twenty hours per day. Indians worked three hours and must sleep an hour in anywhere even in rubbish chutes.
Dealing with them like flipping prata. Heard of "Keiling nah siow" or "Indian maths". They owe you one and you owe them ten. Dotard Trump is now also like them. Also had indian blood and gene.
For past forty odd years, Singapore's reputation is built on the China's sort of work ethics. That's why true blue Singaporeans hard work are been recognised by the International businesses community.
Even new born Jurong Industrial Estate under GKS and his trustworthy cohorts attracted many MNCs and others.
Now after the flood gates of Foreign Trashes in and diluted our reputation, with the moronic leaders only seeking their self glory, Singapore became Sinkieland or Sinking Land.
And yet, they can accused us of being lazy, choosy and what's not just to cover their incompetence.
Sinkieland is doomed with these pompous air well nincompoops with only attention seeking to have their names in empty International Recognition.
What's so Great of having the Lame Duck Resolution naned after Singapore when her people are unemployed or under employed.
@b
Please lah, China is no more communist than Singapore is a democracy. i.e.: it depends how you define it, and where you draw your "lines".
China is ruled by the Communist Party of China, but that in itself isn't sufficient to declare it a communist cuntry. True communist cuntries do not have CAPITAL MARKETS
In total, China's capital markets are the LARGEST.
Similarly, Singapore is not a real democracy. It is a "guided" democracy i.e. the democratic mechanisms are "planned" by the govt, the PAP.
It is true that there are alot of corporate and state shennanigans going on in China (as there are everywhere), but China gets the focus because it is BIG---big cuntry, loads of cash and debt, lots of market action, lots and lots of people all trying to make a buck, and succeeding.
People all over are the same lah. They're stuck with their culture and political system, but they just get on to try and do the best they can, under the circumstances they live in.
I would say instead: Beware of the HUMANS
At the end, there is no free trade cos nothing is free. Everyone is taking advantage of everyone. The last one left standing will be the winner. Sinkies better prepare their kids to study in oz uni and moved there once it is possible to set up shop. Lots of space and sky here, no need to depend on madland to supply water or food, can have proper house and cars.
1005> I agree to certain extent that china and smalland rulers are similar because they have yellow skin. Both want to house people in tiny flats (a typical hakka tradition) and no cars and paid themselves astronomical paycheck. Th difference is papies at least 'pretend'' to give people a vote and china not just like all previous emperors who wanted absolute unchallenge power. End result - absolute power corrupts absolutely.
Elton Mask will hv lot of things to learn from Sinkieland Loony Lah. He better consult Long gor or else he would suffer big losses like Sinkies Suzhou or High - Fcuk or garmen link companies. Many locals companies had returned to Sinkieland as they faced the intense competition in Great Dragone. Eltons electric cars technology will be copied/modified/re-engineered/reversed-engineered/ further improved by China Chinese budding entrepreneurs/scientists/engineers into its own China manufactured electric cars brand much like the iphones/bullet trains/ e commerce/ finance / wat hv u technologies. By then Elton will learnt his lesson & beg Dotard to bail him out, guess Dotard gonna come hard on him if he ever made it to his presidency..let's wait n see.
B u need to be sodomised that is all I can say
The Chinese have been on the defensive since the trade war started. Just doing simple tit for tat. But the Chinese are in for the long haul. When they decided to go on the offensive, Uncle Sam will bleed. Its strategy to stymie and to thwart China's development and progress in technology is not going to work. Come 2025, China will be a leader in technology.
Dotard Trump wants to Make America Great Again.
Elon Mask wants to make Tesla Great Again and Forever.
Tesla's business cannot simply depend on the American market alone. In order to make Tesla great, Elon has to depend on the whole WORLD, not just confined to the US market. Any college student can figure this out. You don't need a master economist or a rockedt scientist to tell you.
@ b
>> The last one left standing will be the winner. <<
Absolutely nothing wrong with that. You can call it meritocracy, or winning by any means, or just being lucky...a win is a win. How you do it...up to you lah, anything goes...including the consequences of your actions. ๐
>> Sinkies better prepare their kids to study in oz uni and moved there once it is possible to set up shop. <<
Wah piang, you think so easy ah? I have been here >40 years, with no regrets , but...at least for me, nothing about trying to make a buck and get ahead in Oz is easy.
Down here got rules and regulations, plus heavy taxes and fees to ensure that when you make money, or even think of making money, be prepared to shell out money. Setting up shop in Singapore---so much EASIER!
OTOH, Oz has a lifestyle which suits some temperaments. I like it here. I "made peace" with myself to just accept the costs and imposts as an amortised "lifestyle tax". I.e. Just pay, and forget about it. To be frank, I got the first part right, but haven't succeeded in "forgetting about it", as I'm in Singapore so often I cannot help but make comparisons.
Like every cuntry, China has it's own set of problems. Their debt situation is dangerous. Why do you think rich, and even middle class Chinese are protecting their wealth? They are not stupid. They might be investing in the growth and cash flows of their local businesses, but they are also taking their money OUT of China. The govt hates this and makes it very difficult, but Chinese being of Chinese culture know only too well that you'd better look after your fucking money, cos' someone is always after it!
They hate Trump's Trade war, but they are also economically and financially savvy enough to realise, trade wars are bad for everyone, and it is easy to get caught and slaughtered as "collateral damage" in this bullshit of "state vs state" political nonsense.
It is more than likely that when Trump does something dumb, Xi is likely to respond with something similarly dumb. Xi and Trump are playing "dick-sizing Alpha Male throw-downs" which have real economic effects on real people---people who have no fight, and just want to make money to secure their families' futures.
Matilah, you're talking cock ...... if sinkieland is so great to earn big bucks & out-of-this-world lifestyle for the rich, your ass will be here long time ago.
Zhui kong lampar song ..... I never listen to talk cock words, whether from LKY or judges or presidents or bankers or lawyers or Oppo ---- But I always see their actions, behavior & lifestyle.
The fact that your ass is still in Oz paying "high" taxes means that life is still much better there .... PROVIDED a typical Sinkie can get a good job there & assimilate with the locals ---- not easy in the last 10 years with stricter immigration & employment laws.
This is based on 2 of my relatives who migrated there 20-30 years ago. Yes, they might have faced higher level of racial discrimination initially, especially if you're in lower-level or blue collar jobs, but overall they had it much easier to rise up the ranks & be accepted in the 1990s and 2000s.
Their assessment is that the current Oz society climate is not so friendly to Asian immigrants compared to 10+ yrs ago.
Americans instead of blaming other countries for its ills and staging trade wars, should need to work harder, cheaper, faster than the Chinese, spend less and save more. Then their trade deficit will be reduced.
Trump and his team are calculating every day, fantasizing that every country is deliberately against the US. It will take some time for the US to realize how stupid it is behaving.
Singapore may decide in the next few months to buy up to 60 new F-35 Lightning II Joint Strike Fighter from Lockheed to replace its fleet of Lockheed Martin F-16 multirole fighters, which face obsolescence beyond 2030.
The RSAF currently operates a fleet of 60 F-16C/D Block 52 and Advanced Block 52 aircraft delivered between 1998 and 2005.
Each new F-35 fighter jet is priced at US$94.6 million each, or about S$129 million each based on current interbank exchange rate of 1 US$ = 1.3637 SGD.
A purchase of 60 F-15s would cost Singapore taxpayers SGD7.74 billion.
"A vigorous US defence export policy means more jobs for American workers in aerospace and advanced manufacturing, which offer strong wages and attractive career opportunities," said Peter Navarro, one of President Trump's top trade advisers and author of books such as "The Coming China Wars: Where They Will Be Fought, How They Can Be Won" and "Death by China: Confronting the Dragon – A Global Call to Action".
Last October in Washington, PM Lee and President Trump witnessed the signing of an agreement between Singapore Airlines and aircraft manufacturer Boeing to buy 39 aeroplanes, worth close to US$14 billion.
Trump said the deal would create some 70,000 American jobs.
Who is Singapore's enemy? China? Why Singapore needs to buy F35s? To be superior to who?
Why F16s and F15s not good enough? Even if the neighbours have Russian fighters, it is not necessarily that they can fly them to max their performance. Ultimately it is the pilots, not Ah Meng flying the planes.
Who are these jokers kidding, to spend public money so lavishly on toys of their fancies? I want this, I want that, money no problem?
KNN.
60 F-35 coating $7.74 billion is only the raw initial cost of the basic aircraft. It is not the total cost. The total cost will have to include purchase and installation of special-needs avionics, bimbs and missiles, and spart parts, training of technicians, mechanics, ground crew and pilots, and maintenance costs. These together will cost at least twice the cost of the 60 aircrafts.
To purchase and maintain 60 F-35, the initial total costs will be in the region of at least $30 billion.
To operate the 60 F-35, the yearly cost will be at least $1.2 billion.
To keep the 60 F-36 for 10 years will therefore cost $12 billion.
So, these toys are not cheap for the spendthrift paper generals to play with.
All Malaysia needs is 2 platoons of anti-aircraft missiles deployed in Johor to shoot down the F-35 immediately after they take off from Tengah Airfield or Paya Lebar Airport!
Money indeed no problem lah. Just raise taxes !
"Tariffs are the greatest! Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs. It’s as simple as that - and everybody’s talking! Remember, we are the “piggy bank” that’s being robbed. All will be Great!
Trump's Tweet 12:29 AM (US) - 24 Jul 2018
I am fascinated by the numbers. Some countries win wars by talking and bragging about how powderful and clever they are. Singapore would win wars by telling people how expensive are their weapons systems. The money spent will frighten away the potential enemies. They will feel so dejected, downcast, low class, no dignity when faced a military force that have money flowing out of every hole in their uniform.
Tariffs, yes, it's good for Trump and USA!
If it is good for Trump, it's good for business. If it's good for business, it is good for USA.
If it's good for USA, so can it also be good for other countries?
If it cannot be good for the other countries, but only good for USA, then it's not good for the world.
If it's not good for the world, the other countries will collectively make it for themselves in the long-run.
If the other countries make it good for themselves in the long-run, it means it will ultimately be good for the world.
And if it is good again for the world, then it will not be good again for USA.
Therefore, it means, in the long-run, Trump's name will go down in history as the most clownish, most stupid and most fucked-up President of USA!
Hahahaha.....
Must retweet this one.
China will be supplying Dr Mahathir with 180 state-of-the-art surface-to-air missiles free of charge, with free trainging of the troops to operate these missiles, with ground radars to counter Singapore' 60 x F-35, if Malaysia support China in return.
Also, China is helping Indonesia to build up her anti-air and anti-naval capabilities in order to counter Australia and Singapore's air and naval threats.
Arms race is good for arms dealers. But very bad for taxpayers. The unthinking generals, who cannot win war by strategy, never both to feel for the taxpayers, whom they are supposed to protect. Great irony!
Singpore is not short of talents. We have talents aplenty. We dont need more aggressive immigration & blind import of "talents". Our most fundamental problem is that our garment is led by not Yes-men Leeders, using very powerful financial incentives that turns talents into Yes-men, all the way for past 25 years. We are producing a generation of such yes-men leaders, placing them in almost every key positions. Where got hope? How to compete except extract more money & use money to cover up a dull mind & incompetence?
@ anon
>>
Matilah, you're talking cock ...... if sinkieland is so great to earn big bucks & out-of-this-world lifestyle for the rich, your ass will be here long time ago <<
Aiyah, I made ok money in Singapore lah. Most of it just before the 1997 Asian Currency Crisis---I had a disgustingly overpaid corporate job with an American company who paid me as an expat--- even though I am still a citizen. (oh man, the fucking jealous enemies which resulted...)
Before that in the late 80's-early 90's I did a few contracts for Prince Jefri of Brunei who also paid me insane money.
All those gigs gave me a nice CPF bump which I used to buy property (before theychange the rules)...small time lah, I'm not Far East Organisation. ;-) All my expat accomodation was paid for (e.g. 5 bedroom 2500 sq ft condo@ Ardmore Park) so the property I bought help by CPF was cash-flowing from day1...paid off by other expats on disgusting salary packages. :-))
I've never really "left" Singapore. I still come back every 2-3 months---60-40% Aust-Sing, is how I spend my year for the last 10 or so years.
Eventually we were all fired from our cushy corportate jobs as Asia went down the shitter in 1997. I came back to Oz and had enough dough to allow me to take a 2 year holiday.
Why stay in Oz giving up the chance for "big bucks" in Singapore? SIMPLE:
I would rather compete with 'no worries mate' Aussies than against work-until-die Asians, that's why. .
Greed is a good motivator. But too much greed, and too much 'motivation' to succeed shortens your life, and also eats into precious time you can use to have a real life...pursuing hobbies, spending time with family and friends, chasing women...
>> The fact that your ass is still in Oz paying "high" taxes means that life is still much better there .... PROVIDED a typical Sinkie can get a good job there & assimilate with the locals <<
Assimilation has never been a problem for me. I go out and make friends. I love to talk to gals, I can't help it :-)
Yes, MY life is sweet here, but Oz is not for everyone. As I said, "pay the tax" and be done. Already competeing with Aussies is a lot easier. You won't make big bucks like in Singapore, but for the last 20+ years I carry ZERO personal debt. I can live very "cost effectively".
Also, I've been "unemployed" since I got fired by the Americans in 1997, with a nice severance "parachute". I vowed I won't ever work for any boss ever again, and I haven't. The only boss I answer to is The Market. I win, my business. I lose, also my business.
Aiyo Matilah,
Want to bullshit at least bullshit properly lah.
///All those gigs gave me a nice CPF bump which I used to buy property///
Back in the 80s & 90s, CPF only applied to the first $5K of monthly salary, AND there is an annual CPF contribution CAP --- $25K per annum or less in those years.
With CPF limits like those, can only buy shitty walk-up apartments in Geylang area lah. Maybe Malaysians will want to rent them in the 1990s.
///All my expat accomodation was paid for (e.g. 5 bedroom 2500 sq ft condo@ Ardmore Park) ///
LAMPAR lah .... Ardmore Park only built in 2001 ... after your ass got fired lah.
@ 1013
What would be the benefit to me for bullshitting? Absolutely Zero. Believe or disbelieve what you want lah. Up to you! ๐
Of course I had to tambah my own money lah. Kotek, use your brain lah. Plus my family lent me some bread. Yeah, the CPF contribution was maxed out. Those days employer contribution was rocking :)
Kanninah, Ardmore Park 2001 was a redevelopment lah. Before that there were condos built in the 70s or 80s. I was provided one of them. Walking distance from Orchard Towers lah ;)
Matilah,
///Those days employer contribution was rocking///
Only 20% or if you're really fucking old, then 25%. But percentage isn't the issue ---- annual quantum is. Those days, max annual CPF contributions only $20+K -- $25K per year. Even if your salary is $1M per month.
I just quoting what you wrote --- from your writing, it's like you only need your CPF to pay for your condos, which is a LIE. So you need your MAMA's KOTEK & DADDY'S DICK to pay for your condo. Then admit in the 1st place larrr.
///Kanninah, Ardmore Park 2001 was a redevelopment///
KNN lah, you explicitly said "Ardmore Park" .... if previous older condo, then use the correct condo name lah .... obviously it's BULLSHIT otherwise you'd have remembered the exact condo project! I'd bet you had to put up in those $10 a night pre-war shophouses love hotels .... plenty of those in District9 in those days. No need shame larr .... just admit.
@ 138
Ok, ok. You're just trying to wind me up, trying to "catch me" on minutae. Nothing I can say will bring to to reason. So thanks for playing...
https://www.livabl.com/2014/06/tallest-demolished-buildings.html
9. Ardmore Park Block One, Two and Three, Singapore
Ardmore Park Old BlockPhoto: imgur
Height: 449 feet, 36 stories
Completed: 1978
Demolished: 2009 – to make way for a new condo development.
Interesting fact: The Ardmore Park Block buildings were a set of identical triplets. All three were the exact same height and shared the exact same bland design.
=========
EMPORIS
https://www.emporis.com/buildings/175272/ardmore-park-old-block-2-singapore-singapore
Ardmore Park (Old) Block 2
Identification
Name
Ardmore Park (Old) Block 2
EBN
175272
Structure in General
Building type
skyscraper
Building status
demolished [destroyed]
Architectural style
modernism
Usages
Main Usage
residential
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