Iconic Brands Actually Owned By China
Companies are always looking for ways to increase production, profits, and ultimately cut corners. This means that a lot of companies in America get looked over for companies with cheaper products – most notably China.
You may have some of these items on your property and you think they talk about American values, but check where they really come from.
Tesla
Tesla is a car manufacturer that makes electric cars. The business is based in the United States.
But did you know that Elon Musk has moved quite a bit of his production on the cars to Shanghai? This results in the car being 50% built overseas.
Nike
When people see the Nike logo they think of American sports. Well even though things started in Beaverton County, Oregon, that’s not the case anymore.
The brand couldn’t help but take the offer of cheaper labor resulting in them moving their production to China. This results in sweatshops.
Converse
Here’s another shoe company on the list. They did sell off everything to Nike nearly twenty years ago.
Now you can find so many knock-offs that are made in both China and Indonesia.
Lays Chips
Some cultures hate flavors that others love.
Lay’s was bought out by China to they could make flavors for their own culture – this includes cucumber, seaweed, and squid. You don’t commonly see these flavors in America.