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Tesla's Musk says protectionism is the only hope (Read 44 times)
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Tesla's Musk says protectionism is the only hope
Jul 21st, 2024 at 2:45pm
 
to save US losers in the EV game.

Tesla is becoming a US loser as its sales fall, especially in its previous home of California.

China has risen to a new level in technology and low price.

Protectionism has never produced a winner.

Robo taxis are operating in Wuhan China. US EVmakers are still fantasizing while the Chinese are implementing.

Even tire makers in Western countries are closing their factories.

It is too late. The game is already lost.

Tesla and Musk have fallen behind China in technology in both the EVs and in their manufacture.

https://fortune.com/asia/2024/01/25/tesla-ceo-elon-musk-warns-china-evs-competit...

Quote:
Tesla CEO Elon Musk says protectionism is the only thing stopping China’s cheap EVs from demolishing the competition
BYLIONEL LIM
January 25, 2024 at 1:45 PM GMT+7

Competition from Chinese EV makers may be starting to get to Elon Musk and Tesla. After a long battle for market share in China, Tesla’s CEO issued a warning to his fellow automakers: On a level playing field, Chinese carmakers will outcompete almost everyone else.

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