Part 3/12:
Much of this competition revolves around Taiwan, an island with strategic importance. The U.S. has historically preferred to be ambiguous about its commitments to Taiwan, while China insists on exclusive access to "eggplants" (resources or influence) to the island. Recently, the U.S. appears to be willing to compete more openly, raising questions about how this rivalry might impact companies like Tesla that have significant manufacturing interests in China, particularly through facilities such as Giga Shanghai.