Strengthening Supplier Relationships: Tesla Chinaโs Strategic Payment Cycle Reduction
๐ Tesla China has reduced its payment cycle with suppliers to 90 days to strengthen relationships. ๐จ๐ณ 95% of components at Tesla Giga Shanghai come from local Chinese suppliers. ๐ฌ The dialogue revealing BYD’s request for a 10% price cut raised discussions, with BYD’s General Manager saying it’s an annual routine. ๐ญ Similar to BYD,…