Musk says China EV companies will ‘demolish’ competition: Fmr Tesla board member



Former Tesla board member Steve Westly reacts to the beaten stock price following Elon Musk’s warning of a production slowdown in 2024. #foxbusiness

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33 comments

  1. Anyone who buy EVs are certified communist. Oil is the only way of freedom.

  2. Chinese EV is Communist. Say no to commie product.

  3. IF AMERICANS AND EUROPEANS DO NOT WANT TO BUY CHINESE MADE EV.S THATS THEIR LOSS, BUT CHINA WILL DOMINATE 85% OF THE GLOBAL EV MARKET WHERE THERE ARE NO WESTERN COMPETITIORS. THIS IS NOT JUST EV'S, AS CHINA MOVES INTO ADVANCED INDUTRIES AND HIGH VALUE ADDED MANUFACTURING, THEY ARE GOING TO DOMINATE THE EMERGING MARKETS. AFRICA HAS 1.3 BILLION PEOPLE AND THE WEST COMPANIES ARE BEARLY PRESENT IN AFRICA.

  4. THE GLOBAL EV MARKET SHEAR IS PROJECTED TO BE AROUND 8 TO 9 TRILLION. TESLA'S FATAL FLAW IS THEY DID NOT FOUCE ON THE GLOBAL MARKET SHEAR. THE WEST IS ONLY 15% OF THE GLOBAL POPULATION. BYD AND CHINESE EV MAKERS ARE FOCUSED ON THE WHOLE PLANET. TESLA IS NOT EVEN PRESENT IN AFRIACA OR LATIN AMERICA. GM AND LAEGACY AUO MAKERS ARE NOT PRESENT IN TH EMERGING MARKETS EIHTHER

  5. Most Americans people doesn't know the truth about China and Chinese people. Their media keep lying to their own people, especially the one who never been to China while China basically moving to the future, this is bad…when you don't know who you're fighting to, what's their strength and how to prepare, you lose in every battles…in war or even business field. American people are unprepared, they don't even know what'll come to them and still shopping without looking at their pocket…is like waiting for a doom.

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  7. The realisation when Musk realised he should have migrated to China after selling off PayPal…..

  8. And idiots like Fox News have been so ANTI EV with BS stories that have impressed the weak and gullible so much that America is now behind CHINA and others with its EV Strategy. I hope that when 1 in every 2 cars are Chinese in the States the BIG OIL INFLUENCED MEDIA get the backlash when job losses occur within the Industry. Media like you and others have been a massive let down in not supporting American start ups and even Tesla…. who is one of the most American car brands in the World… SHAME ON YOU and Sky News around the Globe.

  9. so now they want Chinese cars spying on us as well

  10. all Evs are a scam so i dont think it really matters , we need more affordable good vehicles and Electric wont be that

  11. Yeah, if Chinese cars will finally break into US market Musk will finally have to stop overcharging for his upgraded golf carts in a shape of car.

  12. Elon you will have to be with someone like me because. With all that is on your mind i think you will have to be away from people for a few weeks at a time and meditate in a quiet place. Youll need lots of physical activity. I will love that. Hope i can help you.

  13. At the moment EVs are too expensive, battery replacements are too expensive, chargers are hard to find and take too long, and they lose their famously wonderful performance in cold weather. The cars especially don't work cross-country for those reasons, though they may be OK for people who move about only locally and can charge at home.. And for the green crowd, they have to look to where electricity in generated and what pollution is involved at that end. Finally, I wonder how EV users will be taxed for road-building and maintenance when they're not paying motor fuel taxes.

  14. America needs to stop financing China

  15. we should allow Chinese EV makers to freely enter US market and testify how they can be successful or not. We can have an answer immediately. Unfortunately the US government doesn’t have the courage to do so…😂

  16. PLEASE PLEASE 🙏 PLEASE DO NOT INVEST IN CCP COMPANIES!!!! DO DO IT YOU GREEDY B##$##$S

  17. I will wait for solar powered cars. They will be much lighter weight without all the batteries and may even be made of structural plastics. Not as far off as the battery chargers Biden promised us.

  18. This is what happens when when you do your Manufacturing in China. They basically take your intellectual property and do what you do, but cheaper.

    Elon Musk has always been transparent though about tesla. For him it's about improving the world

  19. Whether you like EVs or not, Elon is a visionary…
    Life philosophy based on truth, freedom, and honesty. How could you not support an individual like this?

  20. The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $750k is down to $592k any recommendation;s to scale up my return;s during this crash will be highly appreciated.

  21. Buying a non chinese electric car but only those featuring the 40 year new small nuclear powered battery… No competition in the field of electric vehicles you cannot beat a 40 year electric car.. no charge.. ya right.. hands down the best currently..

  22. America has never made cars suitable for other countries Fossil Fuel or Electric.

  23. Few years back he was laughing at BYD…

  24. Will avoid as much as possible any SH*T coming from CHINA!!!

  25. Chinese automobiles still face the perception of being "disorganized, weak, and small" in overseas markets, and the negative perceptions of "low quality, low price, and copying" are deeply rooted.

  26. Interesting how quickly EV competitors are beating Tesla on price. When Tesla has a economy EV how will their efficiency compare. We should know by next year.

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  28. 25k is still so much money! Especially with these interest rates. Especially with so many people working remote now. I still have my 2008 Impala. I don’t need a car.

  29. Dogmatic Chinese who are still worshipping their products should take note ✌✌✌

  30. Only very gullible very stupid people buy Chinese cars, we work on them, they are garbage, avoid or pay me 135 bucks an hour to fix these pieces of junk