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The long term implications have been that American companies are richer than ever before.

What about longer than that. In GPs case what if Huawei outcompetes with stolen IP?

> The long term implications have been that American companies are richer than ever before.

That's medium term. Long term is Comac and Huawei drive down Boeing and Apple's market share until they're bit players in their industries (or go out of business altogether).

Aren't Tesla also building in China?

They have a Gigafactory in China. Cars made in China stay there.

Not so sure about IP used in this (or other) factory though..

I am willing to bet every piece of equipment bound for that factory is inspected by Chinese engineers for interestingness. The plant is imaged during down time for documentation of any other interestingness.

They are, but the factory is fully owned and operated by Tesla, not the usual 51% Chinese 49% American joint venture that was the norm until the recent trade fight.

Apple have been there for quite some time, they’re probably happy enough with the trade off.

Apple is so far gone in the closed ecosystem game, they're pretty much impossible to copy.