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Tesla is engaging in a risky expansion as the rest of the auto industry is playing defense

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While Tesla is expanding in China, the global auto industry is ruthlessly evaluating weak markets and killing off unpopular products.

 

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Tesla stock gains 3% after company breaks ground on Chinese factoryabhi9_k check this for mass psychology. Worthless drivel....... ComfortablySmug Makes sense. China owns most of the cobalt needed for rechargable battery production.
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