IHS Markit's Chao Says 2018 a Ramp Up Year for Tesla

The video discusses Tesla's current production challenges, particularly with the Model 3, and the company's plans to overcome these issues by 2018. It also covers Tesla's strategy to establish a production facility in China, which is expected to take three years but will offer significant market advantages. Additionally, the video highlights the competitive landscape in the electric vehicle market, with traditional automakers investing heavily in this segment, posing a challenge to Tesla's market position.

What are the expected outcomes for Tesla's production issues in the coming months?

How does the timeline for local production in China compare to conventional expectations?

What advantages does Tesla expect to gain from establishing a production facility in China?

How is Elon Musk's approach to Tesla's challenges viewed in the context of competition from other automakers?

What risks does Tesla face in ramping up Model 3 production amidst increasing competition?