VWAPY - How Strong Is China's Leverage Over Tesla?
Introduction
The article I published on Friday in collaboration with MOM (@MaxedOutMama), entitled Tesla’s Transformation Into A Chinese Company Seems Unstoppable, generated a large number of thoughtful comments.
MOM and I were especially pleased that some who identified themselves as Tesla (TSLA) investors expressed appreciation that we had called to their attention issues they had never considered.
By way of a refresher, the article detailed some essential points in the agreements under which a Tesla subsidiary, which we call Tesla Shanghai operates in China. Those agreements include a Grant Contract under which