TESLA: Will US Tariff Hike on Chinese EV Affect Tesla?
HTML-код
- Опубликовано: 27 май 2024
- Implications of the US government's plan to impose a 100% tariff on Chinese electric vehicle imports and how it might affect Tesla. Join industry expert Jeff Lutz as we dissect the implications for Tesla's global strategy, competitive landscape, and supply chains.
Jeff Lutz is an ex Supply Chain C-Level Exec at several Fortune 100 companies like Google, Lenovo and Motorola. Currently running his own consulting firm.
Follow Jeff Lutz on X: @theJeffLutz
Timestamps
00:00 Introduction
03:06 Tariffs and Competitive Advantage
08:00 Tesla thrives in China
10:09 National Security Concerns
16:08 US-China Diplomatic Relations and Trade Dynamics
My website: www.HerbertOng.com
Check out 15+ modules of resources for the $TSLA Investor
and get free TESLA Milestone Tables
Join this channel or Patreon to get free access to 15+ modules of TSLA investor resources
Become a Member: / @brighterwithherbert
Become a Patreon: / brighterwithherbert
❤️ Thank you to everyone who supports me and this channel!
Let's get brighter!
Website: www.herbertong.com
X: @herbertong
Disclaimer: All content on this channel should not be construed as professional financial advice or recommendation to buy or sell any securities.
Author is invested in multiple Humanoid companies and is long TSLA and other stocks at time of original video publish date.
Edited by: Roshan Khatiwada
#Tesla #ElonMusk #TeslaNews #investing #teslabot #technology #AI #TeslaFSD #teslastockanalysis #TeslaUpdate #ElonMuskNews #EV #FSD #TSLA #robotaxi #autonomousdriving #TeslaStock #USTariff #ChineseEVs #TradeTensions #AutomotiveIndustry 
Наука
I hope this video helped you get brighter about Tesla!
My website: www.HerbertOng.com
See the MOST comprehensive resource for the $TSLA Investor
Join this channel or my Patreon to get free access to 15+ modules of TSLA investor resources
Join this channel: ruclips.net/channel/UC4DBLlq1x0AKmip1QJUcbXgjoin
Join my Patreon: www.patreon.com/brighterwithherbert
Thank you for supporting this channel! I really do appreciate your likes, subscribes and comments.
Let's get brighter!
Herbert
Herbert - the audio on all of your recent videos is distorted and or breaking up. Listen to the first few seconds of this one as an example
Sound broken for a few days already
It's soooo bad! Hate to listen to it..
China has huge tariffs on products built in the US. When Costco and Walmart import processed food products they average over 30%. Heavy equipment like caterpillar have huge tariffs. Technology companies like Facebook and others are completely banned..
China's core tariffs are quite low. These larger tariffs you're seeing have been imposed only in response to US tariff increases targeting China.
USA is just a place in a long line of nazis dating back to their prechritstian days. You can follow the paths of where they been cause they leave their cult signs everywhere. The game generating humans has a pool of characteristics it grabs from when it creates them. That's why there is about 8 visibly different groups. Talking to them to try an change them hasn't changed them since the days they took down Rome an changed their names to Christians. They have a pattern of just killing everything; leaving their buildings with symbols on them behind to make their territory; an then saying everyone else is doing it an making it illegal to talk of it. For instance christians worship the guy in the video here as the god people. Yet they are the same people just shedding their snakeskin. Satanists an atheists as well are a new snake that molted it's Christian skin. An nazis are them but claim they are against theirselves. An the kkk obviously uses the same symbols.
All you get from talking to most of them is the tactics that allowed them to conqure most the world an they worship as law in their religons. Passive agressive deception. It's like asking a crow to stop flying. The game designed crows with wings to fly. I wouldn't ask them for the answer but If you ask maybe the clouds, something may come along an show you why it's designed certain things this way. The clones can't provide 1 on 1 answers. But if you aren't one of them the physical world itself will change to show you just how fake earth is; which will signal your answers as to why certain things get designed certain ways. It's almost as if it's a game world with realistic graphics, a simple plot line, an nothing more
it is also a national security issue -- not having a local manufacturing base would leave America vulnerable in the case international conflicts ....
Where are our medications made? China controls it 100% like everything else. I guess prices on solar batteries are about to skyrocket just when they`re becoming affordable. Mr Snooze has already ruined my diet and has prevented me from completing my emergency solar and increased the cost of my medical care and utilities and forced me off two meds I need...on and on and on. I guess he wants to harm as many people as possible on his way to the grave.
Jeff
Import taxes are not only to protect local manufacturers but also to TAX consumption. This is particularly true in economies that do not manufacture anything. It is a source of government revenue. They may have 1000% traffic on a Rolls Royce but zero on a bicycle.
My first thought on this was Legacy is going down hard.
I think I'm on the comment block list. Did you see this? Let me know.
The impact on Tesla is not the increased tariff on EVs, its also increased tariff on lithium ion batteries and battery parts. From Whitehouse press release: The tariff rate on lithium-ion EV batteries will increase from 7.5%% to 25% in 2024, while the tariff rate on lithium-ion non-EV batteries will increase from 7.5% to 25% in 2026. The tariff rate on battery parts will increase from 7.5% to 25% in 2024. The CATL cells Tesla is importing for the Model 3 RWD are about to get more expensive. I'm not sure if they are also importing cells for megapacks.
Probably won't get a 25k car if battery prices skyrocket.
Of course, so we can`t afford solar...the war on independence continues. Mr Snooze has already ruined millions of lives including mine.
Is anyone afraid that Tesla is now more alone than ever in the US for EVs. These US Auto companies just seem to be happy in loading dealerships and keeping the status quo. Not sure how this will play out. Thx
Long been expected that Legacy American OEMs will fail, sure they may be bailed out again unfortunately, but they'll be greatly diminished by 2030 say. It's OK, they earned it. Wasn't that long ago that rural America heavily depended on the likes of Sears, no on misses them now. Creative destruction has some pain but it's the only way to go.
In the 1970's GM alone had over half the US auto market, they were selling us crap and the Japanese came in forcing US OEMs to improve while slashing Big 3 market share, we all benefited from it.
I agree. Tesla for the Win!
@@keithgilbert835gotta love people worshipping the deformed god people as gods. Riddle me this: why did their god design the nazis like he took a sledgehammer to their faces if he likes them? could it be people worship whoever conqures them an forces them to; an not gods at all
There are far more customers for electric vehicles than there are manufacturers of electric vehicles.
Tariffs help the smaller group and hurt the larger group.
Wait but tesla doesnt ship cars to china right? So tariffs shouldn’t affect them
Its not too China its from China, but no Tesla builds its US vehicles in the US, it may cause problems if China try's to use Mexico to move cars into the US and the US slams down on Mexico which will effect Tesla if they build vehicles there. Oh and Tesla builds its Chinese cars in China
China's advantage is efficiency (and not paying the execs millions) - you can get rice farmers cheap but the skilled workers you need for a modern manufacturing operation get paid about the same as in the USA
Tariffs are a tax on the consumer. American manufacturers run to the nanny state for protection first before they try to improve their process or products to successfully compete with foreign competition.
Agree. This never ends well. No one just sits it out and says ok, thats fine, Thank you.
what if byd opens shop in mexico. they won't be chinese then.
That's what VW does.
Back door to America.
They are already all over it.
I'm not a huge fan of Tarrif's, however I believe China has 40% tarrif on all auto imports, it should always be Tit for Tat and also added when dumping is proven.
They also subsidize Chinese auto.
This 1:1 is often not smart. Especially when you have different volumina in different items.
Let‘s say we have one country exportin lots of cars whilst the other exports lots of milk to each other.
In this case one country would be the looser if both agree to 30% on Cars and 0% on milk.
This is why those bilateral contracts are made like „Cars 30% vs. 10% Import / Export“ and therefor „Milk 10% vs. 30% Import / Export“.
In a second step it‘s getting more complex.
We might with (Country 1) plan to have one bilateral contract for „Item A“ which makes some export attractive for the other country. Therefor „Item B“ is one we can export to them with good conditions. But we are planning to have another contract.
With a second country (Country 2) we have „Item A“ for so good conditions that the import of it from Country 1 falls to zero.
In this case Country 1 has no benefit from the conditions for its export out of its contract but gives good conditions for our Item B.
Meanwhile we have good import Conditions of Item A from Country 2 and a good export perspective in Country 1 for item B.
If Item A is a battery and item B our cars with it inside then the export of item B will even raise as we strenghted our ability to make a good prices for the cars by importing the battery from a cheaper dealer.
This is why those contracts from time
To time need to change 😂 as every country is always trying to get the best deal for itself and new contracts affect volumina which have been the base for
Older contracts.
And this is only market logic. We do not speak about unfair couhtry invests (like china maybe does) or the difference if a country is not running as a capitalistic
System and has overproduction.
@@relaxedtriathlon7095 Hence the dumping qualifier, same could be said with the US agricutural subsidies.
@@mnsawmill2904 Not sure if any first world land has agriculture with no subsidies. But sure…that can be unfair if other countries havent subsidies and then they should probably tax the import from America.
I personally don‘t know if China was not fair with its subsidies on cars & battery manufactoring or if the western world just has seen chinas plan & effort too late.
But no matter which way it is - regarding the climate reality + from which kind of countries Oil comes worldwide there will be a huge change to electric cars within 15 years.
And this means if we don‘t want the western primarily combustion-engine expericed industry get smashed we need to prtect them for a while until they get the ability to face chinas products itself.
If we don‘t just 50% of jobs in car industry fall apart in USA & Europe and will settle in China.
As I said for this result just don’t matter why china became wirld leading in this technology.
From another persoective I think china can be massively proud.
When I was yound they have been the „copy country“ and today they absolutely lead an global growing new industry. That‘s amazing even if it is dangerous gor ourself.
Let the best/cheapest product win and be sold anywhere.
I’ve read an article about some tweets on X from Dustin Moskovitz CEO from Asana Inc. where he criticized Elon and compared Teslas practices with Enron. Would be Interesting if you could discuss these tweets in a upcoming video to hear your thoughts about it. Keep up your interesting videos and greetings from Switzerland 🇨🇭
Turnaround is fair play. China had banned Tesla FSD and conveniently changed their mind just as Elon was planning to meet with India. China wants to beat India and they also want Tesla’s FSD technology. Tariffs will force Chinese EV manufacturers to built in the US or possibly Mexico but the US and Europe will not allow them to dump cheap EVs and hurt US and European EV manufacturers.
Grata conhecimento e vida nos liberta Deus no comando de tudo
Expect more of this, I wonder how angry the Horse traders were to Henry Ford?
Imagine if there was 100% tax tariff on cars to protect horse traders. How angry would Henry Ford be with the horse traders.
Awful sound
Dangerous stuff. Crazy. This will not end well.
Love your videos Herbert, but please consider dumping the Jump-cuts and Ken Burns zooms. Very jarring. Thanks
Are Tesla cars made in China going to get hit with 100% tariff?
Teslas made in China are not sold in the US. But Model S and X made in US are sold in China. Maybe that will be affected by a China response to thiz
We don’t import teslas from China … Teslas sold in US are built in US
Guys, come on! See Smoot-Hawley to see how this ends. It's not the right approach, no matter how satisfying in the short term.
labor cost only contribute for less than 10% of total cost of production in EV car industry, because the application rate of robot in EV factory is very high.
Doesn't US legacy auto use Chinese manufactured parts? How's that going to work as far as protectionism goes? Jeannine
Mostly they use parts made in Mexico & So. Korea.
Hi mate, Made in mexico=Made in China 😂@@AKJammer1
The next couple years will make it clear to the consumer that BEVs are cheaper to buy and to operate. When the EV adoption curve hits the mass market, the dominance of Tesla and China and the irrelevance of legacy auto will manifest.
US Unions are holding Auto to ransom, while US Gov Tariffs Chinese EV and Legacy Auto has no ability to compete with EVs - it’s only a matter of time until it all collapses.
Lutz is in the 🏠!
They said no more bailouts… just tariffs, to keep the clunkers going.
How are 100% tariffs ever a good idea? We should lower tariffs, not raise them. We need to get to 100% Evies as quickly as possible and Ford, GM and still Lantis are doing basically zero.
I agree the Smoot Hawley Act in March 1930 ushered in the great depression and kept it going longer than it would have. Global warming is not going to wait. The Chinese are ready to take the risk that our own American companies won't. Biden did everything but spank them and they still refuse to develop affordable EVs.
We`ll need a few thousand more coal & gas power plants to charge them and a new power grid. I`m never getting inside one of these dangerous, impractical, expensive disposable bombs on wheels.
100% on EV may not be enough to provide protection to US labor and UA autos.
Would Teslas made in China have to pay 100% tariff to be sold in the U.S.?
Yes, but they don’t import any ev’s from China to the us.
Tesla is thriving in China?
Somehow I doubt the validity of this statement.
Only about 60% of Giga Shanghai capacity were sold in China, the rest has to be exported from China to be sold elsewhere.
The sales of Tesla in China keep dwindling every week, and that was the main reason for Tesla recent layoffs.
Let’s hope the Chinese don’t respond by putting taxes on battery refining and/or the raw materials that go into making them. China could even refuse to allow battery infrastructure to go to the U.S. Meanwhile the OEM’s would see further EV slowdown, which is what they want and further damage to Tesla.
The dumbest thing about this conversation is that the US dollar as the world reserve currency is predicated on perpetual trade deficits. You can’t have your cake and eat it too.
That's bull, BYD has bus manufacturers in the US. They should expand and just build the cars in Mexico. If I remember what BYD said, I think they have one in planed. US capitalism.... 100% is to much....
Must be too busy to make sure a video gets out with even decent audio quality. At least your guests come prepared.
Our president is such a dunce.
No, he’s not. He stutters, but that’s about it. I disagree on some of his policies, but he wouldn’t be where he is by being a dunce.
Obtuse
Competition is good...no? BYD makes awesome affordable cars. It's will bring down the prices on the US car market. Not sure why anyone is rooting for high tariffs. 🤣
Where is the transition to climate neutrality or a better future for the people? EV is the future yet they protect combustion ice car maker who also have choose not to invest in EV. Is so protect the labour force then how will do do when bots will replace people anyway in manufacturing. I mean ice car manufacturer would then self remove employs if they could save in on labour costs. What is the meaning in bringing in bots then ?
It`s so obvious in the comments....investors and propaganda. Nobody in their right mind would waste money on one of these disposable bombs on wheels that loses over half its value as soon as you buy it. Ha!
@@baneverything5580 8 million EV sols says otherwise
16:43 Once again, Herbert displays a distorted understanding of the facts. Tesla has benefited more than any other domestic auto manufacturer from US tax policy via the IRA, yet Herbert somehow maintains that Tesla is being "treated like crap".
All EV makers are treated the same with respect to the IRA. Tesla IS treated like crap by the govt and the media.
Personally, I like the current administration, but they have their head up their buts when it comes to Tesla.
The only reason legacy auto have not benefited as much as Tesla with IRA credits is they have sat on their hands, played lip service. Biden has treated Tesla like crap, called a summit on EVs and did not invite the biggest EV manufacturer in the country, Tesla. Also endorsed Biden lied about GM. Yep, treated Tesla like Crap. The irony of it all is Tesla is more American than all the Legacy Auto manufacturers as the cars they sell in the U.S. are made in the U.S. with mostly U.S. components.
Dude fix your mic
We'd all be better off if we put a 100% tariff on things produced in California.😃
Maybe you Russians would.
Americans can afford to buy China's EV but not Tesla.
BYD $ 13k vs Tesla $ 47k
BYD $13k + tariff $13k = US26k is still cheaper than Tesla
BYD have no vehicle for sale in the U.S. for $13K Tesla have some higher priced cars but also have cars that compete on price with legacy auto and under $40K . Your bias is clearly evident. I just cannot understand some Americans that are Tesla haters where they should be proud of the amazing accomplishments of the wholly American company , Tesla .
Why 100%tariffs if no BYD cars for sales in US ?
W. Buffett invest in then-no-name company called BYD , today it's a conglomerate. BYD recently overtook Tesla as the world's largest seller of EVs in 2023.
!00% tariff is braindead policy. Just laughable. Only consequence are that US consumer must pay double and triple for cars. Banana republic poolicy. Even I am >Tesla fan
Strange thinking. The tarrifs mean that the Chinese made cars are not sold in the U.S. and there is no forcing folks. Nothing has changed.
America's jealousy is so obvious I cannot believe we don't all regularly call them out on this.
They are literally saying “fuck the american consumer”. I get that we need to protect american industry but with this strategy the consumer loses and we keep these zombie automakers alive.
It will doom Tesla
There it goes the free market shi t.