Musk's merger talk may harm local EV growth, reinforcing my view that Local EVs are better for self-reliance.
Musk's merger talk may harm local EV growth, reinforcing my view that Local EVs are better for self-reliance. I observed this from his recent hints, which may lead to reduced investment in domestic EV manufacturing. This could undermine our nation's progress towards self-sufficiency in the EV sector.
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Musk's statements may indeed impact investor sentiment, but it's crucial to consider the role of foreign investment in catalyzing domestic EV growth. A merger could bring in much-needed technology and capital, potentially accelerating the sector's development, albeit with risks to self-reliance.
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