Loup TV 157: Tesla to Double China Production; FB Blocked in Russia; Crypto’s Use Cases Grow

Takeaways:There were reports that TSLA has plans to increase its China production from 1.1M to 2M vehicles/year. As a point of comparison, VW expected to be able to produce 1M EVs in China in 2023. Bottom line is: China is a massive market.The Russian government is blocking parts of Facebook in effort to better control information. Point it forward — TikTok has a rough road ahead in the U.S.While the use of crypto is still viewed as speculative, new use cases continue to highlight that it’s here to stay. P.S. — Donations to the Ukrainian army are being funneled through cryptocurrency.