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Joey
Bloomberg Television
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Comments by "Joey" (@Joey-ct8bm) on "Eissenstat: US Auto Industry Doesn't Sit in Isolation" video.
Tell that to Trump and Musk, who have 12 European cars together. Melania is also wearing European dresses and lugging Louis Vuitton bags around. Bezos has 2 European yachts worth 900 million dollars and a garage full of European supercars without have 1 US made car. Musk also has 1 US made car outside his Tesla's. The rest is all European. The fact is that Americans love all the European luxury we sell. Trump has 2 Rolls Roye's my man. 2!!!
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Dude, they have to lay off workers when business is bad and all of them need the Chinese market. 50% of Chinese people don't have a car yet, so they need that market to survive. In the US everybody already has a car. In China they don't even have enough second hand cars to fill the void. 23% of Tesla's revenue comes from China, while the competition is fierce over there with hundreds of EV brands that are subsidized by the government too like BYD.
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When?
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The US makes terrible cars. That's the problem. The only reason the US still has car brands is because there's a 25% tariff on pickup trucks already on Europe. Ever wondered why there's no Mercedes Raptor or Range Rover F150? Tesla would be slaughtered too by Chinese EV's. The US is great in tech, but awful in engineering outside of tech. Europe beats the US in cars, planes, train and shipbuilding. It isn't even close. Have you seen Boeing lately? 🤣
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