
Ramstad: Politics aside, Trump and Musk create a turning point in American business history
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Ramstad: Musk, Trump, Congress create an extraordinary moment in America’s business history
“They’re essentially selling the car for prices that are impossible for any other carmaker to come close to,” Munster said. “China looks at what happened to Japan in the 1970s and 1980s
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“They’re essentially selling the car for prices that are impossible for any other carmaker to come close to. The theory is that these [Chinese] companies are being subsidized by the Chinese government,” Munster said. “China looks at what happened to Japan in the 1970s and 1980s and wants to be a global automotive leader.”
Source: Startribune.com | View original article