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Without Tariffs, China Will ‘Demolish’ American Auto Industry

Tesla CEO Elon Musk said the U.S. auto industry would be decimated if the U.S. didn't impose heavy tariffs on China. According to CNBC, Musk made the remarks during Tesla's earnings call this week, saying that without U.S. tariffs on China, Chinese automakers like BYD and Nio would “nearly wipe out” U.S. automakers. suggested. “Chinese […]

Musk says Chinese EVs will ‘demolish’ competitors without trade barriers

Tesla CEO Elon Musk said Wednesday that the Chinese electric car company will “defeat” competitors around the world without trade barriers. “In general, our view is that Chinese car companies are the most competitive car companies in the world, so we don't know what tariffs or trade barriers will be established,” Musk said at Tesla's […]