Trump says China is building the largest auto plants in the world in America
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- Опубликовано: 16 окт 2024
- Trump says China is building the largest auto plants in the world in America
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FYI: chinese built or are building at least 7 car plants in Mexico. Not difficult to google it.
Election in America is a clown show😂😂😂
....we know...
The Ringling Brothers are in town.
@@JeremiahYeager-xo2vu Nope, just scary carnies pretending to be Ringling Brothers.
Sure is with Kamala Harris...HAHAHAHA CACKLE CACKLE CACKLE CACKLE
America is a failed state, now owned by Putin and IDU fsscists
The oil industri is backing Trump, he has to say what they want to hear.
Say and do it with good results are 2 totally different thing. Now is 2024, not 1980s. Things have changed drastically since the old days.
This is exactly like Trump saying he is bringing back coal. He knows he has no ability to affect that.
he's telling them they can drill anywhere-like National Parks-for a $2b "contribution"
@@ecospider5 Exactly. Just playing politics to get votes.
😂very funny
Twenty years ago fast trains were the obvious future of long distance rail travel. The US and China had zero fast train track. Today, China has 45,000 km of fast train track and the US still has zero. EVs are the obvious future of individual motorised transport and...
that's right, China puts its mind to it, it will get done. None of the democracy stuff, where people can throw out politicians that spend hideous amount of taxpayer money on pie in the sky projects, when roads and bridges don't get the necessary funding to keep them in good working order.
That is a complex situation as most of the high speed train lines in China a virtually unused and a total waste much like their ghost cities. It is cool they built them but if no one uses them then what? Plus the under used lines are a huge cost to run and maintain. I think they should have selected the destinations more carefully. The USA needs high speed rail for the short hops where flights dont make sense.
Trump says these things because of the huge support and money the fossil fuel industry puts into his campaign .
No, he says them because EV subsidies unfairly incentivize people to buy EVs. He's already said this and it makes sense. And there's tens of thousands, maybe hundreds of thousands of auto workers in ICE vehicle factories. You make it fair; ELIMINATE ALL SUBSIDIES. I disagreed when Obama saved GM from bankruptcy and I agree with Trump on ending EV subsidies. Tesla cars don't need subsidies; people buy them because they're immensely valuable.
The federal government shouldn't be mandating what we should be driving. Period. I support Trump, I support Elon Musk; I support Tesla EVs.
Exactly
I just wanted to let you know that Joe Biden is not gonna run for reelection.
Actually he is. It’s just a fake election for him. They will make him a fake Oval Office and he will sit waiting for Gorbachev to call him on his red phone. 🤣🤣
I was going to let Viking know that , but you beat me to the notification.
Whoever the presidential candidate for the Democrats is, he or she, when elected, will follow the rules set up by somebody behind the scene.
He must have recorded this some time ago, before the Biden announcement. Rather than just throw away the whole video, he quickly uploaded it. Let viewer comments sort it out!
@@eugenec7130 absolutely correct. the person/people behind the scenes will make the rules starting with the money of the lobby groups.
i live at mexico, in 5 years, the chinese built 7 chinese car plants here.
Are their cars any good?
@@Ray-iz7tvmuch better quality and more price efficient than US made cars ....😮
I live in México and everyday I see more Chinese cars. I plan on buying the BYD Dolphin 🐬
@@Ray-iz7tv equal to japan, better than german & way better than USA.
@@davidhein6044 i want a BYD seal.
Trump used the same rhetoric in 2016. He was going to save coal and bring it back. 😂😂. That man will say anything he thinks you want to hear. Question is how some people can get suckered repeatedly by the same con.
Trump is a pathological liar and criminal.
Subsidies are for weak products. If EVs are truely good they don't need subsidies. Hope Trump man wins.
Exactly
Hit the nail on the head. He’ll say whatever they want to hear purely for the vote. Full of shit!!
All can do is judge the performance of Presidents, and under Trump, American was thriving on every level, and he was against wars and demonstrated very, very well, as such, which is why the swamp hates him. Huge profit in wars for massive companies and politicians on the take for $$. He did actually work to keep his promises like no President I have ever seen, and I am in my 50s. All that to say, while I voted for Trump the first time, I didn't like him. I just hated massively corrupt Hillary. That is the reason Trump won, because Hillary was so disliked. Now I love Trump for his policies.
Hate all you want, but everything you all hear about Trump is from Fake News Media. The real liars about literally everything is the other side and they use outlets like CNN to sell it
Hey Sam, have you ever worked in an auto plant? I am guessing no. I have and it is repetitive and often quite physically demanding. Having a union to make sure that health and safety are prioritized is very important. Your anti-union, anti-worker attitude is very disappointing. These are real people working in auto plants.
🤣
Ignore anti union trolls.
They hate EV’s & love trump
I was an automotive engineer at Ford Motor Company and unions were a pain in the butt slowing everything down and made it impossible to improve the system with constant strikes
Musk reckons he doesn't need subsidies. He doesn't have any competition so he is right.
That was true in the past. But non-Tesla EV sales are growing exponentially, while Tesla sales are actually dropping. At the current rates of growth and decline, Tesla will lose its NA majority in less than 2 years.
@@krakken- Not really, if trump ends the ev mandates and lets the market free only about 8-10% of the buyers will buy ev's and most of them will not buy chinese cars but teslas. He doesn't need lots of poor buyers but a stable market of wealthy buyers.
@@krakken- who is going to take Tesla's spot?
Tesla sold 655k cars in 2023 at 55.3% Market Share.
All the other manufacturers combined had 44.7%.
Tesla is going to increase their output by at least 120k from the Cybertruck and Semi by 2026.
Who else is going to produce 775k EVs a year by 2026? The only company in the world capable of this growth rate is BYD and they are not even close to be able to sell in NA.
@@krakken-Non Tesla are growing at a low volume, example, growing from 2k units to 5k units, at a percentage, it look deceivingly high vs growing from 100k to 110k.
The only reason Tesla is dominant in the US is because China is not selling cars here yet.
It is because he thought Trump would win, yes, but Trump's time is over. America is energized by Harris and I could not be happier.
Too much money affects billionaire’s mentality.
ha ha he doesn't have that much. He lies all the time about how much he has. Don't believe him....
Certainly true of George Soros!
@@Cbo__25 As opposed to the "get vaccinated you wont get covid" and the "infinite genders" party?
Being hated for having money affects mentality. Why do people think that a billionaire can be attacked over and over again and keep taking it without cracking. Billionaires are human beings.
My sister's partner is a Tesla executive. He says most of his colleagues wish Musk would disassociate himself from Tesla and let the product speak for itself.
Careful what you wish for. Without Elon innovative urgency dies. It will end up like VW or Nissan or Stellantis.
This^^^ x 1000!! I have literally not gone through with my Cybertruck (CT) reservation due to the nonsense that Musk has started spewing over the past year. We've taken delivery of a Gen 1 Rivian R1S and I'm seriously considering going with a Gen 2 R1S/T and canceling the CT, despite the fact that I really want a CT, but Musk has seriously worn his welcome thin with many people who supported him. There's no doubt the people at Tesla make amazing products, but Musk can't help but keep chopping their efforts off at the knees with the stuff he does. It's infuriating and ultimately hurts the company.
Without Musk there is no Tesla or Rivian. There's no ev or battery tech explosion. The Tesla charging port is now the American standard because he developed the charging infrastructure and sold millions more evs in American than any other car manufacturer.
When he says really off the wall stuff, Tesla stock goes down. I get it.
When Trump says things he thinks his base wants to hear he knows they will just believe him and not do any fact checking. I can understand Musk not supporting Biden, but he has gone too far with his endorsement of Trump. He risks losing the support of his typical EV customer base. I have a hard time believing it will pay off with Trump’s base switching to buying Teslas. I wish Elon Musk would sell Twitter/X, keep his social and political views to himself and get back to being the incredible engineering entrepreneur that he is best in the world at.
He needs to pay the prostitute more than the fossil fuel industry does. He is right. This is how US democracy works.
Not difficult to google it and to see see that he is right about BYD car plants in Mexico - so what he said makes sense.
You're right.
Elon Musk supports Trump for one reason: TAX CUT. That's it.
I'm not an analyst but I suspect you're correct in that assumption.
Actually there are 2 reasons. Tax cuts and government contracts (for Space X, Starlink, etc). But the (unfunded) tax cuts are the largest reasons.
Really? Not free speech? Doesnt care about that at all? Or the weaponization of the American judicial system? Not at all. Even tho they have lawfared Elan as well? OK............this channel is losing it.
@@krakken- the annual net profit of the SpaceX is even less than fraction of bonus from Texas for Elon musk a year. Tax cut could save them billions. And Elon won’t invest one single dollar more on SpaceX in recent years.
@@krakken- Really, not free speech or the fleecing of the tay payers? Not a consideration at all? Just those 2 reasons?
ROFL did Elon think Trump was his friend ! You reap what you sow...
Elon musk does not like Trump but likes Trump policies
@@jonmunroe6689which will reduce sales of his products. Genius
If all subsidies are gone from oil and EV it doesn't matter. Trumps policies are pro business and Musk knows this. Trump puts tariffs on foreign automakers to push Americans towards US vehicles. He doesn't have to be his friend
You don't have a clue , Trump cancelling EV subsidise will be very good for Tesla .
It will be very bad for the competition like Ford, GM and Stellantis
Can u explain how ?@@eduardtarniceriu102
It is ironic - trump says 'i'll save the auto industry', Elon says 'disruption is coming' - yet they are best buddies? Don't think so or not for long.
This is exactly like Trump saying he is bringing back coal. He knows he has no ability to affect that.
Elon knows Trump can’t slow down Tesla sales so he doesn’t care much.
They both agree there should be free trade - no tariffs. Let the best man win.
No trump is all about tariff hikes. He said he will go upwards of 60% hike on imports @@michaelnurse9089
Since when is Trump for free trade?
Trump loves Elon and he wants Elon to disrupt based on meritocracy... By the way, Elon agrees with him. So there is that
Subsidies is a waste of money. Let the free market decide.
No car has ever not had subsidy.
Atmospheric warming due to ICE is 28%. People have to be led, do ya think?
I agree so let’s hope the EV and Oil subsidies go away
@@ecospider5 ESPECIALLY the oil subsidy, which has gone on for too many years!
Then end oil subsidies they are ten times more than renewables on global average
If EVS are so great they don't need subsidies... It's time to let all this electric stuff fly on its own. It can do it it doesn't need the government's help anymore
Trump still thinks EVs can't go very far
Promoting smoking here??
Tut Tut!!
Trump's biggest complaint about EV cars is the government subsidizing it
Our government doesn't have any money and shouldn't be subsidizing
@@jonmunroe6689the govt is a sovereign money issuer.
The govt literally has all the money.
Trump wants to end that too
I own one ....They cant!!!!!
@@jonmunroe6689they are subsidizing fossil fuel a lot more
Trump needs to be invited by Musk to visit 'GigaTexas' and take the tour and get the Cybertruck acceleration. Currently, Trump, publicly at least, has no idea that Tesla cars are as cheap as other ICE cars, even cheaper. Musk has said he is 'OK' with subsidy elimination IF they are also removed from the competition companies and the Petroleum companies.
Trump is pretty representative of 80% of the country on EVs. He is not against them, just no mandates or tax rebates. Let the market bring them in. Musk actually agrees and Trump is fine with brining China in, as long as they make their stuff here, just like Japan and S Korea, etc
We all laughed at the 2000hp EV crashing at Goodwood but the real message here is that EVs can out perform ICE cars. Who is going to want to by an ICE in North America when an EV at half the price can out perform it.
I met a retired teacher and grandmother at a local car show who specifically bought a Tesla Model 3 just so she could drive a faster car than her students and "flip the bird" at them.
Performance matters to the car consumer and it affects there purchasing decisions.
You know what they say, keep your friends close , keep your enemies closer 😮😂😂😂
Lmfao, all politicians say what they think people wanna hear. Don’t worry about American politics.
Musk has stated many times he prefers no subsidies, would make Tesla win over the competitors
Sam, everyone I know (I live in Texas) wonders the same thing: why don't we have better candidates? The short answer is that America is not a democracy. It's not a country of, by, and for the people. It's an oligarchy. Both parties are two cheeks of the same arse, and they are both controlled by the oligarchs who fund the parties and the campaigns. We the people get the candidates the oligarchs give us. The oligarchs loved Biden because he followed orders. They like Kamala for the same reason. They are less comfortable with Trump because he's a bit unpredictable. For example, he won't greenlight all the wars they want. There are plenty of warmongers in the Republican Party to their liking if they can get rid of Trump. Trump is the closest thing to an anti-establishment candidate we have. That's why he's popular. I think the oligarchs misread him initially as someone they could control.
You have a great channel. I love it. Thanks for all your hard work. I apologize for my rude and uninformed countrymen who send you nasty emails. The US is the most propagandized and thus misinformed country on earth.
Blocking Chinese EV's now would be like blocking Japanese cars in the 70's and 80's... Just plain stupid.
America has gone from being a wet blanket to a Flat Battery
In US, the politicians love to talk and talk without action till the sh!t hits the fan and yet they keep talking. 😢😢😢😢
There is no need to blame China. for example in VIC which near to you, Geelong was once one of the largest manufacturing hubs in Australia, but high per capita GDP income in Australia results in high labor costs. graduately, Ford and Holden production costs go up, resulting loss of competitiveness in the end, eventually the factories just close down. Nowadays, the Melbourne has flooded with Japanese cars, Toyota you ordered take 6 month from build to dealer delivery, I am a local resident living in Melbourne west.
Learn about AI, automation and Internet of Things (IOT). Labor is not a deciding factor. You have no engineers, scientists and therefore no R&D, and you have no market. These are the real "killers" of West's manufacturing.
Ford stock dropped 17% in one day last week. I'm not sure the American auto industry has much of a future. Not if they don't make massive changes.
Trump said he would ban MANDATES, not INCENTIVES. There is a big difference. Also Trump is mistaken by saying Chinese auto plants are being built in the US, at least not to my knowledge.
There is a fine line between genius and lunacy.
Take a.look at the interview with Jordan Peterson and I think you will know why...it is personal to him. Trump did not say he thought EV's did not have a place-He just did not want to mandate it.
I looked the interview. Elon is a terrible father for sure. I am with his daughter.
tRump will say whatever comes to his little hands at the time he thinks others would like to hear.
Master manipulator
@@sagm33 Lie, cheat, steal.
American democracy means one person one vote - whether you know what you are doing or not. It's also about the candidates making the sound bites that the people want to hear - whether the future leader delivers results or not. "Make America Great Again!" who doesn't want to hear this?! Popularity wins.
I don’t understand why Elon keeps trashing Biden even though he was the main reason Tesla has received ten of billions in EV credits.
I think it is because he loves conservative and hates liberal
Because of Union.
@@undisclosedthaiI’m not a fan of liberalism but aren’t most Tesla buyers are liberals, so Elon dislikes his customers ?
@@undisclosedthai He voted for Biden.
Biden kind of started some of it by excluding Tesla in incentives for EVs at first, and only mentioning the old carmakers.
Trump loves EV’s now.
He’s REALLY desperate to win, which he won’t.
Musk is a slanderous prick.
Some things in this world are much more important than technology.
The sooner trump & Musk are gone, the better.
Btw, if we still had the dueling system, they’d BOTH be long gone.
Did you actually make this today? Elon already backed out of donating millions to tRump stating he's not in favor of a cult of personality. For once, I agree with him.
He said he would not donate $45 million to Trump, but did not say how much we will donate to Trump. Elon has made it crystal clear that he hates the Dems and will do help get them defeated.
It is kinda funny coming from Elon. I guees he doesn't favor it if the personality cult isn't of him.
I hope that’s true?! Didn’t he pledge $30m per month to a Trump super PAC last week?
Can’t back out of something you weren’t in in the first place, the utter BS of the MSM probably want to ‘scare’ their supporters into donating to the dems
The fact is that is backed the “cult personality” for a while before he backed out, pretty dumb..
You said it right Electric Viking - '...two muppets Biden & Trump'; if this is the best that America can offer as presidential candidates - its a sad reflection on the state of democracy/political system in the US.
Dude, when did you make this video? Biden dropped out of the days ago.
He is down under. Maybe the news hasn't reached him yet.
@@yruhatin100 Good news travels slower than bad news.
The problem that we're facing in the US is the strain on our aging electrical grid. As usual, the government hasn't thought this through. Pushing EV sales and some states mandating electric furnaces in the name of saving the planet. I love my Tesla, but it's not that green. Hydrogen cars are where we should be spending our R&D money. Just my opinion...
If you tell China they can't sell in the US without making them here, China will build plants here. This is not hard to understand.
Invest at yr own perils
No they won't. Too risky to bother with the declining US consumer merket anymore. China bought 31-million new cars last year compared to 3-million in the US. And Asia is huge compared to N. America
No. China will build their EVs in Mexico and import them into the US to get around the tariffs.
@@krakken-Nope they will tariff those to lol Good screw china
@@davidrichards1741 US has a more robust consumer market than asia. That's why Asia depends on exports. They are savers, not consumers. There is not enough demand in Asia or they wouldn't be so dependent on exports.
Tesla doesn’t need EV incentives, I believe incentives have actually done more to hurt Tesla and help as it was one of the reasons equity drop so fast in the pre-incentive cars.
He took his cue from the greatest Australian embarrassment Scott Morrison
The greatest embarrassment is Anthony Albanese….
Albo is a total flop. What a disgrace, totally clueless.
you are right.
The discovery of oil peaked in 1964.
Since then discoveries have declined while demand has increased.
Unsustainable!
Sixty years later,still no shortage of oil.
@@keithhooper6123
Hi Keith
Please Google
Oil supply tight.
Cheers Gray
The supposed shortage of oil was just a scam the Texas oil industry cooked up to get unwarranted tax breaks, with their "oil depletion allowance" . They were ready, willing and able to kill to keep it (or a renamed version of it). And kill they did.
@@keithhooper6123 Fracking has consequences. We lower our standards to ignore those consequences.
Elon musk has said in the past. No subsidies are needed
Is concerned about our government spending
Trump seems to remind me of myself when I was 14 years old ( He puts his mouth in motion before he puts his brain in gear. )
Do you also like rainbows?
A pile of cra p attracts the worst flies.
If US produces cars for other countries, wouldn't that be "over-capacity"?
Musk just pulled his endorsement from Trump and said he won’t give any money or support to him. We ALL would like Musk to stay neutral from politics and just support EV’s, battery storage and solar technology. Sam, educate yourself more on labor unions, they won’t ruin the U.S. auto industry, bad technology and design will.
Lol, no he didn't and he never said he was giving money to Trump. Its a super pac, do a little research!
He's not trying to kill the tax incentives, he wants to ease the restrictions on the mandated emissions standards to save the ICE OEMs.
things have moved very quickly in the last few days, Biden is out and elon has pulled the pin on Trump money.
Elon never promised that money. That was a lie by the Media. Elon still supports the RIGHT because of free speech and law and order and no DEI
This is why us car makers are foot dragging the are lazy dinosaurs???
the audience was buuing on trump when he talks bad about electric cars,
Trump is the last smelly fart of the dying corpse of Big Oil and ICE autos
Link? I'd love to see.
@@ElMistroFeroz it wass a rally erlier this year sorry dont know wher or when
He did not say he was against EV's but that they should not be mandated and are they a solution for everybody...the truthful answer is no they are not. He mentioned Chinese EV's made in US plants by US employees are what is desirable.
@@jimpayne1128many rallies
Because the other auto makers need help from the government and musk doesn’t need their help… Mr. musk is a smart man. I think I know what he’s doing time will tell.
Maybe Kamala Harris and Elon Musk need to meet up over lunch
The Biden Administration sued SpaceX for not hiring refugees and asylum seekers when they were not allowed in the first place because it would violate international arms trafficking law, since orbital launch capability is considered to be an advanced weaponry technology.
biden invited all automakwers to discuss ev future, that meeting excluded tesla lol
Exactly
Like the OEMs Trump is "very old" both will be gone soon just as the horse and cart was replaced by Automobiles in less than 10 years Trump be warned by ya age and technology.......
There is no such thing as an EV mandate in the United States. Check it out people there is some new emissions regulations coming up though.
TRUMP IS HISTORY - FORGET ALL ABOUT HIM
the Dems got rid of Grandpa Simpson, now the Rs should find somebody sane.
@@jamesvandamme7786 That can't happen. Everything in the GOP is now based on personal loyalty to the infallible Leader, who claims (as Trump does) to be alone sent by God to save the country. History shows that radical movements start about ideology, and end as personality cults.
Many vehicles are made in Mexico and they have serious quality issues. The vehicles made in Japan are the best, and American made trucks are well made. The best vehicles made in the United States are the super trucks, and heavy duty trucks.
Sam, I don’t understand why, as an EV supporter, you can remain essentially neutral on your assessment of Trump v Biden (now replaced by Kamala Harris). Trump is in the pocket of the fossil fuel industry. Supporting Trump and the Republicans will severely slow down the adoption of EVs in the US. If you are pro-environment there is only one party to support. Also, why do you use “muppet” as an insult? I always liked the Muppets.
I think it is neutral between conservative and liberal. Some EV lovers are not liberal.
@@undisclosedthai There are far more Republicans who trash EVs here in the US, so that's why Trump said what he did about EVs.
@@FLPhotoCatcher And maybe that's why Musk said he'd support trump (although he's back pedalling (regenning?) like mad now, saying he wont be giving 45 mil every month.) I Have another theory why musk is aligning with trump and that is to quell the insane d*eath threats he's getting. These threats have to be coming from maga, maybe this is a way of pragmatically saving his own skin?
Both political parties are protectionists; that's what's wrong. And almost every nation is similar to the US (which decreases potential products and services and increases prices.) This is why FREE TRADE is necessary: so that we can increase the standard of our lives. Basic economic science.
Elons support is so justified 😅😂
He really needs to stop his political stupidity.
That's not what he said...he says he will end the mandate on having all EV by 2030.....the incentives are still good
EV's should not need subsidies. They should compete on merit. And when the charging infrastructure improves they will be much more likely to do that.
What merit do you the United Snakes have when you have no engineers and scientists?
@@blackknight4996 There's plenty of smart people here in those roles.
@@1freedomoffgrid That's a really odd statement from blackknight.
@@blackknight4996 A lot of out colleges trained them , and then wouldn't let them stay.
Lol Ok Those Subsidies Are Helping China A Lot,So I Am For Subsidising The Industry Which Will Help Not Boosting The Economy But Also Helps In National Security As Well.I Don't Trust So Called Individual Like Elon Musk Who Are Just Concerned Of Their Stocks,They Are Not Loyal To Their State Or Nation They Are Loyal To Themselves.I Would Rather Trust A State Owned Or Public Private Ventures.
Ev's are coming no matter what anybody wants it's just a question of how fast..... And American manufacturers are just going to fall farther behind if they stick their head in the sand.
American Auto industry is losing their foothold in the rest of the world because they don't produce any EVs anybody anywhere else wants.
Protectionism will just slow their decline here but eventually they will die. They're so far behind the curve, they don't have the culture to adapt and change
We will go backwards with Trump!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
RUclips says you released this video 13 hours ago. The video is already antiquated from a U.S. politics standpoint, to the point of complete irrelevancy. I appreciate your sentiment, non the less.
Musk has now said that he is NOT going to give $45mil per month to the trump campaign. It's hard to keep up!
Yeah he could decide to give $90 million to Trump instead. Who knows. But Elon has made it very clear that he hates the Dems.
Hard to keep up with Elon's lies.
Looks to me that he was tap dancing around the issue.
Backpedalling like crazy
He was given money to a PAC. That goes to many different individuals. He’s just trying to level the playing field against the Democrats
VP Kamal Harris may be the Democratic Nomiee for the November election to replace Biden. If she wins, I expect more progressive policies/proposals coming from the White House.
Let's hope that doesn't happen. The US is already sufficiently screwed.
Trump is not making sense? That's normal for him.
Elon is against subsidies too.
Nobody in the world outside the US buys a US car anymore. Here in East Asia, which has 5-billion ppl and buys literally 50X more cars yearly than the US, there are zero US auto dealers and zero US cars sold anymore.
The last time I checked, Tesla is headquartered in America. And the Tesla Model Y is the best-selling car in the WORLD, not just the U.S.A.
American cars have been a joke in Europe for the last 40 years. Apart from the odd muscle car there is zero market for them - until Tesla came along that is.
@@eu7435 No it's not lol. Maybe you heard that on american propaganda media tho. But try objective (non-US) financial media that one must sub and pay for to get good accurate info. Anyway, Tesla's flagship car factory is in Shanghai, as the US one costs more while producing lesser quality. Even Musk said so on CNBC recently, which is avail on YT too. Musk said, "China rocks. They're smarter, they work harder, and they don't complain. Americans feel entitled and try to get out of work". Yep, Musk nailed it, and why china is winning. I must work with facts, not wishful thinking, as a UHNW investor and advisor, to survive or thrive.
According to UBS Suisse, who follows these things closely, China's BYD Seal is currently the best selling car model in the world. Obviously not in the US, but I agree that's a secondary market today for passenger car sales. But it's possibly the Model Y generates more revenue because it costs 3X more for a lesser quality vehicle according to UBS who did a tear-down.
@@montakute1328 For the Tesla vehicle quality, it makes a huge difference whther it's built in Shanghai or Fremont. Just like how Toyotas made in Japan are better quality than Toyotas made in US & Canada
Musk doesn't need subsidies. His competition does... so it work for him not so much for the industry as a whole
Trump says a lot of things, mostly for whoever the highest bidder is. follow the money.
Trump is talking about the mandate which requires Legacy auto to pay Tesla if they don't meet the fuel efficiency standards. In the latest Tesla earnings this came to 800 million. I don't think he means the incentives for the consumers. We bought a Nissan Leaf in 2018 while Trump was president and got the $7500 tax credit. But it's still a political move. There is no saving Legacy auto.
Please viking,elon said we dont need subsidys.the subsidiaries are only supportihg other manufacturer's who arent making a profit on there evs.
Yes, but if Teslas go up $7,500, almost no one will buy them. I have bought three, and I would not have paid $7,500 more for any of them. Sales will drop like a fucking rock if that happens. Tesla's sales are already dropping, even with that crutch. Taking it away would be devastating. It would help Ford and GM, who WANT to sell ICE cars.
@bigdaddy1279 Tesla isn’t standing still they are constantly improving cost of production, why do you think they’re upgrading their current production lines to incorporate elements of the ‘unboxed’ method by the end of year meaning they’ll be able to reduce prices to offset any loss of customers getting a tax credit.
Oh and as my country doesn’t give tax credits I’ll be looking forward to getting a cheaper Tesla next year after they have reduced the cost of manufacturing them.
@@X5493-c7p The incentives were to decrease manufacturing costs by increasing sales, and they are working.
Which other country in the world limits EV subsidies to vehicles made in their countries alone, got to love Murikas version of free trade.
Libertarianism is the gateway to dystopia, and scarcity
Gibberish!
As an American, I can tell you that I was on "Electric" bandwagon! Now, I'm not so sure, atleast, not in it's current form. In the US, the automotive market has taken a big hit, even more for EV's. Toyota hybrid system is pretty good.
We are already seeing a major decline in EV sales....
We are already seeing a major decline in EV sales.... In our protected N.American bubble, not worldwide.
Biden is gone big-boy...what are you talking about?
I heard Biden forgot he exited from the race and he still thinks he is in the game.
Dump Trump. Come on Kamala. Bring back normality and sanity.
You do realize that trying to make sense out of what comes out of the mouth of "Drill Baby Drill" is impossible. He rarely makes sense. But yes, it's painful to see Elon back "Drill Baby Drill." It's a huge irony and massive disappointment.
China should just leave America alone. There are a lot of business somewhere else. American love their Ice cars. Cheers.
@lfish57 this has got to be the most illogical comment yet. What you think America likes will not change what's actually happening.
Americans will buy good products at the right price which will include EVs
@@IanReid-e9r
May be logical. But what can you do about it?
@@crm114.
Yea? How long you have to wait?
@lfish57 who wants to do anything about it? It is what it is. Learn to deal.
I generally agree with the notion that taxpayers shouldn't subsidize most industries and let the market pick the winners and losers. However, in a global economy, with an emerging industry like EVs, if China subsidizes their EV manufacturers and we didn't, we'll get crushed. It would be way worse than when Japanese cars started taking market share from American Auto manufacturers. In maybe ten years or so most legacy auto companies here would be out of business. Even Tesla can't compete with a heavily subsidized Chinese auto industry.
This video must have been cut before Biden dropped out.
ford shows that the ice market is still there, prolly will be there for at least 20 years AND batteries continue to improve so its a matter of time before china figures out that 1 gigafactory per continent is sufficient
Elon seems to have decided NOT to donate $45 million a month. He seems to have decided Trump is a Cult of Personality and not for him, he might support him but not with so much money.
Also, it looks like Trump is a shoe-in.
That could mean that he is donating $50 million to Trump superpac instead, who knows. But Elon has made very, very clear that he hates the Dems and will do whatever it takes to help get the Dems defeated.
@@FLPhotoCatcher He's a shoe-in for an orange jumpsuit.
@@FLPhotoCatcher He is behind Harris in some new polls. Ahead in others. Please try to keep up.
Politics 101, tell people what they want to hear & nominate someone who will do want they want to stay elected.
trump is sliding away
I think trump is more afraid of those electric sharks
All is not as it seems Sam . My prediction is that Trump will accelerate EV , battery and other supply chain elements because as a good business man he knows if he doesn’t America is finished . America must compete and he has no choice but to help the industry . The transition to clean energy will happen . It’s a massive job and wealth creator . Despite his rhetoric Trump knows this. That’s why Musk is an important element in Trumps advisory group.
As if Trump cares about America, he has made it crystal clear that he supports whoever gives him the most money and support.
But he is not good business man and he has a bunch of Crazy Christen Nationalists pulling his strings.
He was never, ever a good businessman. He ran six companies out of business. He never made a profit at anything. His father bailed him out over and over in the seventies. He failed at the casino business, airline business, real estate business and others. His Trump U was a straight fraud with no business plan but to steal money from unsuspecting enrollees. Wake up.
❤ your channel Viking!
Thank you!
Tesla fangirls stand with Elon and Trump
Elon backed out of the 48mil a month he promised tRump today. Hilarious.
@@iamatransporter He got embarrassed when people found out and complained. He can't stand to be criticized, so he lied about withdrawing his support. He is still supporting Trump financially, I'm sure. They have made each other promises.
EVs esp Teslas Make economic sense without subsidies. Most subsidies are going toward hybrids
Sam is happy his investment pays off, even if Tesla workers are paid slave wages and THE WORLDS RITCHEST MAN (ELON MUSK) is making money. Thanks Sam, the common man loves to see people sell out other hard working, men & women!
Actually with stock options tesla workers are paid the highest workers and everything is made in the states unlike the other auto manufacturers whose parts are all made in China.!!
@@ala-hc4rx DO ALL WORKERS GET STOCK OPTIONS?, HOW ABOUT YOU ENTIRE CHARGING STATION TEAM THAT WERE FIRED ON A WHIM? WHEN TESLA STOCK MATURES LIKE ANY OTHER COMPANY...SORRY TO ANY WORKER PAST THEN? FAIR WAGES..COLLECTIVE BARGINING IS THE ONLY WAY FOR WORKERS TO SHARE IN PROFIFTS OF CARS THEY BUILD!
If Sam's happy, we're all happy.
@@alexishart1989 Let us eat cake, as Marie Antoinette would say before the working class chopped off her head!
He didn’t say a word about subsidies. Show me the video of him saying that please. What he said is he would end the “Mandate.” The mandate is what he said he would end. The mandate just tells car companies they have to be 100% electric. Everyone knew that would never happen anyway.
Trump is a Legend.
By legand, do you meant he was the past? 😮😮😮
He has a legendary tiny plonker, tiny hands and is a legend in the criminal fraternity - being a top fraudster, r*p*st, liar and stealer of national secrets.
A Leg End 😂 look what conservatives did to the UK 😢😢😢