American electric vehicle giant Tesla founder Musk (Elon Musk said that the downside of the real estate market for more than a year has led China to experience the economic downturn similar to decline.
According to Bloomberg report, Musk's third quarter financial report on Wednesday (October 19) said that China is experiencing "a certain degree of recession", especially in particular, especiallyIt is in the real estate market.He answered the above -mentioned expressions when answering questions about the recent order trend.
Musk also said that at the same time, Europe is facing the economic recession caused by energy shortage, while the situation in the United States is very good.He added that although the Fed's interest rate hike "surpassed what they should do", he believed that they would "eventually realize this" and cut interest rate cuts.
Tesla has a super factory in Shanghai, China. After the production line is upgraded in September this year, the annual output will reach 1 million vehicles.During the period when the city was sealed at the beginning of the year at the beginning of the year, the Tesla plant was forced to suspend operation for several weeks.
Under the strict "dynamic clearing" policy in China, the repeated epidemics have caused the control measures of various localities to affect economic activities and demand, leading to the fragile economic recovery.Contains all kinds of demand for loans from goods to loans.
According to Bloomberg, the estimated real estate investment in the first nine months of this year is estimated to have decreased by 7.5%compared to a year ago, while the similar period before the crown disease epidemic has increased by more than 10%.
On the other hand, China rarely postponed the third quarter economic data that was originally expected to be released on Tuesday (18th), including quarterly domestic production value (GDP), monthly industrial output, energy production,,, energy production,,,, energy production,,Fixed asset investment, real estate investment and sales, retail sales and housing prices.The National Bureau of Statistics of China did not explain the reasons for delay.
