Foreign investment would be an economic boost for Mexico. The company has claimed that a plant there would create about 10,000 jobs. A Tesla competitor, BYD markets its Dolphin Mini model in Mexico for about 398,800 pesos—about $21,300 dollars—a little more than half the price of the cheapest Tesla model.

  • mommykink@lemmy.world
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    19 days ago

    Said it a while ago, the US is losing at capitalism for the first time in modern history and doesn’t know how to cope

    • Deceptichum
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      19 days ago

      Oh it knows how to cope, it’s why it’s pushing the neo-feudalism.

      They want a class of slave labor to use like China, not those pesky workers with rights like they have now. It’s a race to the bottom and China has the lead.

      • wurzelgummidge@lemmy.world
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        19 days ago

        like China

        Not been to China recently eh? Or ever.

        They have free education and health care, affordable housing and government pensions. Things that taxes should be spent on instead of wars, destabilising governments you don’t like, and funding genocidal maniacs.

        • SlopppyEngineer@lemmy.world
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          19 days ago

          instead of wars, destabilising governments you don’t like, and funding genocidal maniacs.

          Instead they’re supporting Russia and Putin in the war, harass the Philippines at sea, infiltrate the government in Hong Kong and prepare to capture Taiwan.

        • Deceptichum
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          19 days ago

          Last time I was in China was early 00’s. From everyone I’ve kept in contact with or met since, things have only gotten much worse for them.

        • QuarterSwede@lemmy.world
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          19 days ago

          And they spy on every citizen they have and jail them for innocuous things or jail them for being a certain race then hide it from the world and use them as slave labor. Yeah, they’re just a utopia.

        • claudiop@lemmy.world
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          19 days ago

          Didn’t they have some of the biggest house prices to income ratios? And wasn’t private tutoring out of control in there? And weren’t they fighting with almost every single neighbor they have?

        • qaz@lemmy.world
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          19 days ago

          affordable housing

          Last time I checked they had a housing finanical crisis and companies building “tofu” housing

      • SlopppyEngineer@lemmy.world
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        19 days ago

        China builds the cars in Mexico, that forms a tariff free zone with the USA. And USA can’t exactly just ban sales from Mexico because a lot of USA companies moved their operation to Mexico for cheaper labor.

        • Kaboom@reddthat.com
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          19 days ago

          Yeah. The real issue is passing safety standards. Which I’m doubtful China can do.

          • Aceticon@lemmy.world
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            19 days ago

            Somehow the likes of BDY manage it in the EU were they are selling their cars just like all other car companies (including TV adverts and everything)

            Last I checked the EU invariably has tighter regulatory standards when it came to consumers (not just on safety but also in terms of consumer rights) in just about everything than the US.

            It seems a little strange that “safe to drive cars” per EU regulations wouldn’t be “safe to drive cars” per US regulations.

            Granted, plenty of Chinese companies (basically the poky little manufacturers) might not manage to fullfil Western Auto Safety Standards, but some of the bigger one already have overcomed that hurdle.

            Lets not have certain Prejudices cultivated for Political Reasons blind us to hard-nosed Business and Technical Facts.

    • RangerJosie@lemmy.world
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      19 days ago

      It’s glorious to watch. Even from within. Even knowing I’m boned when this house of cards finally tumbles.

      I’m sure there’s a German word for that.