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Elon Musk: Without U.S. Tariffs, China Will ‘Demolish’ American Auto Industry
Posted on 1/25/24 at 8:00 pm
Posted on 1/25/24 at 8:00 pm
quote:
“The Chinese car companies are the most competitive car companies in the world,” Musk said on the call, CNBC reports:
“So, I think they will have significant success outside of China depending on what kind of tariffs or trade barriers are established,” Musk said on Tesla’s earnings call Wednesday. [Emphasis added]
“Frankly, I think, if there are not trade barriers established, they will pretty much demolish most other companies in the world.”
18
Posted on 1/25/24 at 8:01 pm to SDVTiger
You can't compete against slave labor.
Posted on 1/25/24 at 8:02 pm to SDVTiger
Ibchinaman begs to differ.
Posted on 1/25/24 at 8:03 pm to SDVTiger
But for they are giant pieces of shite.
They will be the new Yugo.
They will be the new Yugo.
Posted on 1/25/24 at 8:03 pm to SDVTiger
Not just the auto industry.
Posted on 1/25/24 at 8:05 pm to SDVTiger
Maybe US car makers will make cars for less than 40k again.
This post was edited on 1/25/24 at 8:06 pm
Posted on 1/25/24 at 8:06 pm to SDVTiger
Let the libs buy compact Chinese pos cars. Hes afraid and shouldn’t be as those who buy his cars would never buy Chinese vehicles. I do agree to tariff the shite out of them because it’s China though.
Posted on 1/25/24 at 8:06 pm to roadGator
quote:
But for they are giant pieces of shite.
That wasn’t my experience.
To be fair, it was only a rental, but is was quite nice, and ran like a top.
Posted on 1/25/24 at 8:07 pm to SDVTiger
After the last auto workers strike, I'm not sure many Americans would care. They demanded to work 20% less while getting 20% more, all while they still make vehicles that no one thinks can compare to the likes of Toyota, at a time when auto prices have gone through the roof.
I'm baffled as to why China can't team up with Korea or Japan and create direct competitors to the Bronco, Wrangler, and work truck markets.
I'm baffled as to why China can't team up with Korea or Japan and create direct competitors to the Bronco, Wrangler, and work truck markets.
Posted on 1/25/24 at 8:07 pm to Smeg
quote:
You can't compete against slave labor.
People overlook this way too much. China competes so well because they use true slave labor and child labor in many instances.
Posted on 1/25/24 at 8:08 pm to bird35
quote:
Maybe US car makers will make cars for less than 40k again.
Not with those new UAW wages and benefits and those executive perks.
Posted on 1/25/24 at 8:10 pm to Mid Iowa Tiger
quote:There's very little evidence of such in any real industry there.
People overlook this way too much. China competes so well because they use true slave labor and child labor in many instances.
Posted on 1/25/24 at 8:12 pm to SDVTiger
So he wants tariffs on his own vehicles that are still being produced in China?
ETA: thank you for the clarification, Billjamin. That seemed odd to me when I read the op.
ETA: thank you for the clarification, Billjamin. That seemed odd to me when I read the op.
This post was edited on 1/25/24 at 11:28 pm
Posted on 1/25/24 at 8:13 pm to SDVTiger
IB Freeman now hates Elon Musk
Posted on 1/25/24 at 8:13 pm to Mid Iowa Tiger
quote:
People overlook this way too much. China competes so well because they use true slave labor and child labor in many instances.
They also subsidize the shite out of industries that they want to dominate
Posted on 1/25/24 at 8:14 pm to LuckyTiger
quote:
Not with those new UAW wages and benefits and those executive perks.
IMO, it's more about the cost of adding the crap required by U.S. regulations.
If you didn't have to install all of that unneeded stuff, you could cut labor time involved in half.
Posted on 1/25/24 at 8:15 pm to stout
quote:
IB Freeman now hates Elon Musk
And Rogerthemarxist
Posted on 1/25/24 at 8:15 pm to jimmy the leg
So did a Yugo before the aluminum block twisted.
Posted on 1/25/24 at 8:16 pm to SDVTiger
(no message)
This post was edited on 1/25/24 at 8:17 pm
Posted on 1/25/24 at 8:19 pm to Big Scrub TX
quote:
There's very little evidence of such in any real industry there.
Holy Mandarin, Batman. The Uyghurs say Hold Me Beer. They disappear their political opponents. Here, the D's are only jailing them......at this time.
But the Communist's would NEVER engage in true slave and child labor. Or sex trafficking.
How much did Xi pay you for that flattering post?
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