テスラの中国事業、トランプ氏勝利なら試練に

Tesla's unique relationship with China has allowed it to navigate the market in ways that other American automakers can only envy. However, this connection might face challenges if Donald Trump is elected for a second term and a larger trade conflict ensues. Elon Musk's close ties to the Republican Party may influence Beijing's perception of Tesla and Musk as extensions of a Trump administration.

Tesla has witnessed impressive growth in China, its largest market outside the U.S., with a major factory capable of producing around one million vehicles annually. The company’s Shanghai-area facility, operational since 2019, has fueled Tesla's expansion, signifying unparalleled cooperation from Chinese officials eager to advance their domestic EV industry. Tesla stands out as the first foreign automaker to wholly own its factory in China, while competitors like Volkswagen and GM have had to depend on joint ventures with local partners.

Nonetheless, Tesla faces competition from emerging local EV manufacturers. Musk has maintained a cautious approach toward China, emphasizing the importance of mutual understanding between nations and avoiding economic decoupling. Meanwhile, Trump has taken a stark stance against China, advocating for increased tariffs on Chinese imports and increasing the prospect of economic strain for China's fragile economy.

Recently, talks have emerged in Beijing about Musk's potential influence in a Trump administration, due to his visible support for the former president. Some see potential advantages to Musk striking favorable deals benefiting both Tesla and China, amidst evolving trade dynamics.

Tesla’s operations could be affected by potential trade barriers, with plans for a new assembly plant in Mexico currently on hold, contingent on the outcome of U.S. elections. Trump's proposals, such as restricting Chinese autonomous vehicles in the U.S., present potential competitive advantages for Tesla.

Finally, Musk has voiced his opposition to tariffs on Chinese EVs but continues to publicly support Trump's policies during campaign events, which might not align with Chinese leadership’s preferences.