The Global Times just bashed some of Tesla's early moves in China, and stoked some fear that the company may get caught up in the US-China trade war.
So Tesla's offer is a sweet one, but as the Global Times notes, it's also illegal. Apparently, Chinese netizens noticed that too.Industry insiders said that the measures signaled the carmaker is betting big on Chinese market despite the trade war and fierce competition from Chinese electric start-ups.
"It's a big discount, but are you sure your license plate rental service is not on the edge of the law? This is a violation of policy," asked a Weibo user named Yuanlaiyoushiyitian. "They have a ton of challenges ahead just to get the cars on the road," Tu Le the founder of Sino Auto Insights, a Beijing-based consultancy, told Business Insider.and fewer incentives for electric vehicles buyers. The government is trying to shake out weak hands in the market — where recently rolled-back incentives created hundreds of EV startups, some of which have never manufactured a single car.
Neither does Donald Trump's trade war with China. One netizen quoted in the Global Times story said that officials should crack down on Tesla's license plate promise because China had been"pushed to this point amid an escalation of the trade war."
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