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Elon Musk warns without US tariffs (Electric) Car Market in US bout to turn to Temu


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 4 months ago '04        #26
AliHood 
Props total: 9707 9 K  Slaps total: 645 645
He see's the writing on the wall unlike some companies who neglected to care when they saw the change in their industry coming.

 4 months ago '22        #27
Murderers  topics gone triple plat - Number 1 spot x50
Props total: 122089 122 K  Slaps total: 31795 31 K
I never understood why dudes are so against EVs. Also if y'all don't like them, why do y'all care that other people do? Identity politics is a plague in the US. Cats really banging on EVs
emoji
+1   

 4 months ago '14        #28
longliverick  topics gone triple plat - Number 1 spot x1
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 99LB said 🔗
So do we want capitalism or naw?

The best competitors supposed to win without government interference right?

Sounds like Tesla is producing inferior product and the Chinese are pushing that fish scale at rerock prices

Capitalism with American made. fu#k the Chinese

 4 months ago '15        #29
dipset2087 
Props total: 5973 5 K  Slaps total: 2189 2 K
elon is on drugs...trump is on drugs
hopefully trumps brings back gas cars and cancel this ev trend

 4 months ago '16        #30
russisblack  topics gone triple plat - Number 1 spot x3
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 OJ's_sword said 🔗
Thought he was all about Freedom? Let people have the freedom to choose what's best for them then!
Yea but this is business at the end of the day lol

Top 10 most propped recently  4 months ago '16        #31
lars  topics gone triple plat - Number 1 spot x5
Props total: 48336 48 K  Slaps total: 3894 3 K
Elon musk has been the biggest con artist in business for some time. He started out with Emerald money even though he likes to pretend he was slumming it in Canada and the US. Almost F up paypal then got kicked out and he moved on and was an early investor in Tesla which he didn't create. He later strong armed the inventors out and took control.

He created a genius "ironman" image and started making false claims about autonomous self driving. While he was doing that he was getting wild money from the government. He got EV credits, money to build plants, Solar city debacle. He been lying and over promising.

Now he want the govt support in protecting his company and brand.

🔗

+1   

 4 months ago '15        #32
dawunonli 
Props total: 3630 3 K  Slaps total: 568 568
 99LB said 🔗
So do we want capitalism or naw?

The best competitors supposed to win without government interference right?

Sounds like Tesla is producing inferior product and the Chinese are pushing that fish scale at rerock prices
Over my years of studying economic theory, I've come to the conclusion the idea of a "free market" was never true.

Whether we're talking about the tr@nsition from mercantile capitalism or industrial, all capitalist nations engaged in protectionism/tariffs in some form to protect local industry.

Only time they became "open" is for example when Britain reached its imperial peak in the 19th-20th century and when the US replaced it in the 20th century when they had the competitive advantage.

Great book to read that proves this point is called Kicking away the ladder Ha-Joon Chang
+3   

 4 months ago '17        #33
Jdmficial 
Props total: 4097 4 K  Slaps total: 1052 1 K
 99LB said 🔗
So do we want capitalism or naw?

The best competitors supposed to win without government interference right?

Sounds like Tesla is producing inferior product and the Chinese are pushing that fish scale at rerock prices
But, Chinese automakers only exist because of govt interference also…so….
+2   

 4 months ago '19        #34
unit321  topics gone triple plat - Number 1 spot x39
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 Ninjahood said 🔗
SAN FRANCISCO (Reuters) — Tesla CEO Elon Musk said on Wednesday that Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the U.S. electric vehicle market leader faces from the likes of BYD, who are racing to expand worldwide.
....
100% truth.
The Chinese flooded the global aluminum market such that big-time aluminum manufacturers lost out in low-price wars. We, the consumer, sort of won. ALCOA and Reynolds Aluminum got ki1led by the glut of cheap Chinese aluminum. They were selling if for less than it cost to make it. Why, the Chinese government was subsidizing it.

Now, replace aluminum with EVs. They have reverse engineered all the EVs from the Japanese and European EVs and are able to make them without footing the R&D needed to create them. They got cheap EVs to sell and they can sell them for cheaper if they can get the government to subsidize them and lowball American, European and Japanese EVs manufacturers. We already know it costs in the $40,000 to get a new EV. The cheapest EVs are in the high $20,000s and they are econo-sub-compact EVs. If the Chinese start selling econo EVs in the $15,000 range, and mid-size EVs in the $25,000 range and large EVs, sports car EVs or SUV-sized EVs in the $35,000 to $45,000 range, Ford, GM, Dodge, Tesla, VW, Nissan, Honda,, Toyota, and Hyundai are going to get burned.
+1   

 4 months ago '04        #35
profit 
Props total: 953 953  Slaps total: 295 295
 dipset2087 said 🔗
elon is on drugs...trump is on drugs
hopefully trumps brings back gas cars and cancel this ev trend
So, continue using up all the fossil fuels and leave it for the next two generations to figure out how to get around in like 25 years. Said this before you can’t keep using oil at this rate because it will run out and the timetable is like 25-30 years. n1ggas be sounding like cats in the 80’s talking about computers sometimes on here.

 4 months ago '05        #36
youngvito18 
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Elon is a welfare queen
+1   

 4 months ago '11        #37
Tony Franks  topics gone triple plat - Number 1 spot x2
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If this wasnt Elon, the posts in here would be calling the Chinese cars knockoffs and saying we shouldnt let them flood our economy with their generic temu version.

 4 months ago '19        #38
Megaman 
Props total: 13429 13 K  Slaps total: 11506 11 K
Chinese electrics will do way more damage to Ford, GM and Stellantis than it will to Tesla.

Those big 3 US automakers already make terrible overpriced electric vehicles. At least Teslas are the industry standard.

Sign me up for a Zeekr 007.

 4 months ago '16        #39
00010111  topics gone triple plat - Number 1 spot x24
Props total: 99527 99 K  Slaps total: 8941 8 K
 dawunonli said 🔗
Over my years of studying economic theory, I've come to the conclusion the idea of a "free market" was never true.

Whether we're talking about the tr@nsition from mercantile capitalism or industrial, all capitalist nations engaged in protectionism/tariffs in some form to protect local industry.

Only time they became "open" is for example when Britain reached its imperial peak in the 19th-20th century and when the US replaced it in the 20th century when they had the competitive advantage.

Great book to read that proves this point is called Kicking away the ladder Ha-Joon Chang
"Bad Samaritans" by the same author deals directly with the problem of Western economists/agencies and the myth of free trade.
+2   

 4 months ago '16        #40
00010111  topics gone triple plat - Number 1 spot x24
Props total: 99527 99 K  Slaps total: 8941 8 K
 Tony Franks said 🔗
If this wasnt Elon, the posts in here would be calling the Chinese cars knockoffs and saying we shouldnt let them flood our economy with their generic temu version.
People were saying the same thing about Japanese cars 40 years ago and Korean vehicles 20 years ago.
+1   

 4 months ago '15        #41
dawunonli 
Props total: 3630 3 K  Slaps total: 568 568
 00010111 said 🔗
"Bad Samaritans" by the same author deals directly with the problem of Western economists/agencies and the myth of free trade.
Good looks gonna check it out
+1   

 4 months ago '12        #42
Soul Speak 
Props total: 15485 15 K  Slaps total: 1110 1 K
 Spawn said 🔗
If China coming with the Bootleg tesla, sign me up.


I can't pa$s up on a quality bargain, be out here whipping a LiuLiu
emoji

 4 months ago '11        #43
Tony Franks  topics gone triple plat - Number 1 spot x2
Props total: 79668 79 K  Slaps total: 10852 10 K
 00010111 said 🔗
People were saying the same thing about Japanese cars 40 years ago and Korean vehicles 20 years ago.
word i can believe that. But everything chinese is treated like that so that's why i said it

 4 months ago '20        #44
Ninjahood  topics gone triple plat - Number 1 spot x9 OP
Props total: 27641 27 K  Slaps total: 4229 4 K
 99LB said 🔗
So do we want capitalism or naw?

The best competitors supposed to win without government interference right?

Sounds like Tesla is producing inferior product and the Chinese are pushing that fish scale at rerock prices
It's easy to do that when you're being subsidized by the Chinese government, so they're essentially manipulating da market to the point that it's unfair to compete...

 240sx said 🔗
Think of an apartment complex with 500 units
That’s gonna be 500 chargers for one apartment complex ..

How many chargers are gonna be efficient 1000,000.00 charging stations city wide …GTFOH …

sh1t don’t add up
Da dirty little secret is it's not supposed to add up. They want less cars overall. So hypothetically speaking let's say this electric car revolution comes to pass. It won't be a 1:1 replacement with the current fleet of vehicles currently on the road.

 dubsax said 🔗
he keeps begging


if it werent for obama and his ev subsidies tesla would have went bankrupt long ago
No argument there, they definitely propped him up with da addition of clean emission credits they sell to other brands.


Last edited by Ninjahood; 01-26-2024 at 04:09 PM..

 4 months ago '07        #45
KingKobraAtlant  topics gone triple plat - Number 1 spot x1
Props total: 4252 4 K  Slaps total: 863 863
Why should we have to pay tariffs when you're manufacturing them here? Capitalism is terrible in the US.

 4 months ago '20        #46
Ninjahood  topics gone triple plat - Number 1 spot x9 OP
Props total: 27641 27 K  Slaps total: 4229 4 K
 KingKobraAtlant said 🔗
Why should we have to pay tariffs when you're manufacturing them here? Capitalism is terrible in the US.
He wants tariffs for cars being imported from China.

Problem is BYD will eventually get a factory done in Mexico and skirt some of them tarrifs amd still be subsidized by da CCP.
+1   

 4 months ago '23        #47
Abra 
Props total: 866 866  Slaps total: 232 232
EV charging times are 30 minutes + at superchargers, meanwhile China already has spots you can swap batteries and be on your way within 10.

Yeah yeah nawl. I guess no one learned from Sony and that bullsh1t proprietary auxiliaries.
+1   

 4 months ago '23        #48
Yopa 
Props total: 18701 18 K  Slaps total: 7613 7 K
 Ninjahood said 🔗
↪🔗
This dude is a racist fukboi he gets all giddy like a school age girl talking about Cheeto

 4 months ago '20        #49
Ninjahood  topics gone triple plat - Number 1 spot x9 OP
Props total: 27641 27 K  Slaps total: 4229 4 K
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Tesla CEO Musk: Chinese EV firms will 'demolish' rivals without trade barriers
By Abhirup Roy
January 25, 202410:52 AM ESTUpdated 3 days ago



Companies
BYD Co Ltd

SAIC Motor Corp Ltd

Tesla Inc

SAN FRANCISCO, Jan 24 (Reuters) - Tesla (TSLA.O), opens new tab CEO Elon Musk said on Wednesday that Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the U.S. electric vehicle market leader faces from the likes of BYD, who are racing to expand worldwide.
Musk's comments come after Warren Buffett-backed BYD (002594.SZ), opens new tab - with its cheaper models and a more varied lineup -overtook Tesla as the world's top-selling EV company last quarter, despite the U.S. automaker's deep price cuts through 2023.
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Chinese car companies were the "most competitive" and "will have significant success outside of China, depending on what kind of tariffs or trade barriers are established," Musk said on a post-earnings call with analysts on Wednesday.
"If there are no trade barriers established, they will pretty much demolish most other car companies in the world," he said. "They're extremely good."
Asked about Musk's comments, the Chinese foreign ministry said at a regular briefing on Thursday that it was unaware of the reports but advocated "maintaining a fair, just and open business environment".
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Musk has reason to be concerned.
He sparked a price war last year to woo consumers hit with high borrowing costs, in turn squeezing Tesla's margins and worrying investors. On Wednesday, Musk warned Tesla was reaching "the natural limit of cost down" with its existing lineup.
Tesla plans to start producing a cheaper, ma$s market compact crossover codenamed "Redwood" mid-2025 to compete with inexpensive rivals, Reuters reported on Tuesday. Musk on Wednesday confirmed that Tesla expects to start production of its next-generation EV at its Texas factory in the second half of 2025.
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But Chinese EV makers, adept at keeping costs in check with a stable supply chain, are moving fast. With rising competition and excess capacity in China, many are now working on rapidly expanding their foreign footprint after years of state subsidies helped boost domestic sales.

[1/2]Tesla Chief Executive Officer Elon Musk leaves a hotel in Beijing, China May 31, 2023. REUTERS/Tingshu Wang/File Photo Acquire Licensing Rights, opens new tab



"The completeness and resilience of China's multi-decade state-directed battery materials processing infrastructure build out is biting hard," said Ross Gregory, a partner at Melbourne-based consultant New Electric Partners.
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China's SAIC Motor (600104.SS), opens new tab, for instance, has been placing orders for more vehicle vessels in its fleet to counter shipping costs as it looks to boost sales overseas.
Still, brand awareness of Chinese car companies in the United States is extremely low and their reliability, durability and safety is middling, so they have a long way to go to win U.S. market share, said Spencer Imel, a partner at consumer insights firm Lansgton.
"They enjoy high demand in China with innovation such as in-car technology and battery swapping," Imel said. "That, we believe, will be an important ingredient and a differentiator in their future growth overseas."
Musk's comments also come as the U.S. presidential election picks up pace. President Joe Biden has said China was determined to dominate the EV market and that he "won't let that happen".
Former President Donald Trump, who is the frontrunner for the Republican nomination for president this year, has signaled that he would double down on stronger tariffs if elected, calling for a universal 10% tariff on all imports into the U.S. and revoking China's most-favored-nation trading status.
Musk on Wednesday said there was "no obvious opportunity" to partner with Chinese rivals but Tesla was open to giving them access to its charging network and licensing other technologies such as self-driving.
Europe has also taken a protectionist stance towards Chinese EV makers. Last year, the European Commission launched an investigation into whether to impose punitive tariffs to protect EU producers against cheaper Chinese EV imports it says are benefiting from state subsidies.
More than tariffs, the U.S. and Europe need policies that will give their automakers the time to build a diversified supply chain, said New Electric's Gregory.
Reporting by Abhirup Roy in San Francisco; Additional reporting by Akash Sriram in Bengaluru and Eduardo Baptista in Beijing; Editing by Stephen Coates and Jamie Freed

Our Standards: The Thomson Reuters Trust Principles.

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