For Germany to be competitive again, they need to reduce inefficiencies brought about largely by the government (taxation, regulations, etc.)
Here are the top political news stories for today.
Shanghai Tesla was able to complete a new factory (from groundbreaking to the 1st car rolling off the production line) in 12 months. And when they tried to copy that in Germany, it took them almost 3 years. Right now its Shanghai factory makes 1mm cars per year, while its Berlin factory is only making a fraction of that, and is hardly profitable.
Join in on more popular conversations.
