American companies are free agents



January 14, 2020 - 10:22 AM

Tesla EVs charge at an EV charging station in a public garage in Palo Alto, Calif. (LiPo Ching/Bay Area News Group/TNS)

Donald Trump’s “phase one” agreement with China, expected to be signed this week, is intended partly to slow China’s move into new technologies like electric cars by protecting the intellectual property of American corporations.

Which lends a certain irony to Tesla’s Model 3 electric sedans now coming off assembly lines at the firm’s new multibillion-dollar plant in Shanghai.

The Model 3 marks a huge milestone for Elon Musk’s company as it rapidly expands in the world’s largest electric-vehicle market. But it’s not a milestone for America.

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