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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (5989)	7/11/2018 12:31:52 AM
From: Kirk ©	Read Replies (1) \| Respond to of 27110

Here is the BIG DEAL that may have gotten under the radar due to Trump hatred..... Elon Musk pivots to China with Tesla's first foreign factory cbsnews.com "Tesla signed a deal Tuesday to build its first factory outside the U.S. in Shanghai, making it the first wholly foreign-owned automaker in China. " THERE WILL BE NO CHINESE PARTNER!!!! But Tesla and producers including GM and Nissan Motor Co. had been reluctant to transfer manufacturing to the country due to the requirement to share technology with Chinese partners that might become rivals. This is HUGE... Trump is tricky... he'll shake your hand with his right while his left hand is lifting your wallet... and this may be one of those. CBS is run by Julie Chen's hubby Leslie Moonves who absolutely hates Trump so their news organization is not going to be the first to give him credit for this major milestone.