Post by
TradeDriver7185 on Nov 27, 2024 5:35am
China’s a Double-Edged Sword for Tesla
$TSLA’s exposure to China is a blessing and a curse. Shanghai production keeps costs low, but geopolitical risk is off the charts. If relations with the US get worse or China starts favoring local brands like BYD, Tesla’s in for a wild ride. Hedging my position with some BYD ADRs—don’t wanna get caught with my pants down. Who else is playing both sides? Meanwhile, $BOLT is catching my attention; rumors suggest it could take off soon.