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re: Elon Musk: Without U.S. Tariffs, China Will ‘Demolish’ American Auto Industry
Posted on 1/26/24 at 11:02 am to SDVTiger
Posted on 1/26/24 at 11:02 am to SDVTiger
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.”
Car maker doesn’t want competition. Film at 11.
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