That guy Matt Stoller seems to be out of touch.
TELSA is not a Chinese company, they build EVs in America.
The value of TELSA stock is more than all the traditional auto makers stock combined. IIRC.
US investors are saying, show me that you can survive GM and Ford, when compared to TELSA.
The American government can ban Chinese EVs from competing against GM and Ford in the US market, but how are they going to ban TELSA from doing the same?
TELSA and BYD, are solid competitors leading the pack.
If the legacy auto market supplied by GM and Ford cannot compete with BYD, hence the recent talk about banning Chinese EVs in America, then they will not be able to complete with TELSA neither.
Ban or do not ban Chinese EVs, this automotive industrial base that this Matt Stoller refers to could still wind up in the same spot, which in the worst case scenario, dead as a door nail.
TELSA is not a Chinese company, they build EVs in America.
The value of TELSA stock is more than all the traditional auto makers stock combined. IIRC.
US investors are saying, show me that you can survive GM and Ford, when compared to TELSA.
The American government can ban Chinese EVs from competing against GM and Ford in the US market, but how are they going to ban TELSA from doing the same?
TELSA and BYD, are solid competitors leading the pack.
If the legacy auto market supplied by GM and Ford cannot compete with BYD, hence the recent talk about banning Chinese EVs in America, then they will not be able to complete with TELSA neither.
Ban or do not ban Chinese EVs, this automotive industrial base that this Matt Stoller refers to could still wind up in the same spot, which in the worst case scenario, dead as a door nail.