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

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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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47 Comments

47 Comments

  1. @filmawayvlad

    February 12, 2024 at 1:09 pm

    Indeed

  2. @askmbas630

    February 12, 2024 at 1:09 pm

    BYD and Chinese EVs remind me the Japanse cars taking north american market by Stom in the seventies eighties.. many of us now enjoy driving a Toyota or a Honda.

  3. @arielxie7204

    February 12, 2024 at 1:09 pm

    What the US government is doing is stop the consumers of getting better and cheaper EV cars. TSLA is forced to cut their prices in China due to all the competition and choices with better quality and won't froze in negative degrees in very cold cities, as the Chinese EV always tested their cars in the extreme weather condition before published to the market due to different geography. The US just want Tesla to maintain dominant in power and high prices which we are the consumers and voters paid for it. No wonder the rich get richer, and the poor get poorer, that is the truth about US democracy and the economy.
    I thought Tesla won't be afraid of competition and make themselves better to stay competitive and low cost, but I guess I'm over estimated Musk. And now the US talking about wants the gasoline cars back? Are we living backwards now? In 10 years, the whole world has transformed into EVs and we're the only one still driving gasoline cars and polluting the world.
    I never know what BYD was when looking at Warren Buffet's portfolio 5 years ago, now that's call smart. In fact, after some research, I noticed Tesla is also using some of BYD's batteries as well, what a surprise! Also, BYD are making cars in all ranges of spectrum, starting from as little as a few thousand dollars cars for elderly, all the way to high end cars that's over 100K, so many choices, models and colors. And Tesla only has a few choices and so many call backs and can't stand extreme cold weather conditions. You will only survive if you stay competitive, not putting a bubble around yourself. That's why people said Apple die along with Steve Jobs, no innovations at all.

  4. @khagendradmagar

    February 12, 2024 at 1:09 pm

    BYD dominating Tesla😅. Musk is being jealous.

  5. @menradmwaliko3661

    February 12, 2024 at 1:09 pm

    The westerners need to change their mentality towards China. That ego and superiority complex is weakening their chances of controlling lots of fields in the world. Their attitude of laughing, mocking, and belittling China needs to stop. Collaboration is better and will bring harmony and equal share of world wealth. You can fool the people sometimes, but you can't fool the people all the time.

  6. @blokin5039

    February 12, 2024 at 1:09 pm

    Because American car manufacturers are producing overpriced junk.

  7. @sunyata4974

    February 12, 2024 at 1:09 pm

    EV is based on a climate lie. It is a ghost industry.

  8. @user-cu2es6ok6j

    February 12, 2024 at 1:09 pm

    American is jelous of BYD

  9. @sdmc1972

    February 12, 2024 at 1:09 pm

    just like those chinese 10 mm sockets

  10. @joemol1274

    February 12, 2024 at 1:09 pm

    These guys are obsessed with staying on top 😂😂😂

  11. @ripzzzz

    February 12, 2024 at 1:09 pm

    Do they use Tofu in the manufacturing of BYD cars like they do in other things they build that fall apart or crumble

  12. @querywe

    February 12, 2024 at 1:09 pm

    Allahu Akbar

  13. @kodok2000

    February 12, 2024 at 1:09 pm

    Don't worry about Chinese EV. US and its allies will sure banned it sales in their country soon. National Security. If you can't compete, banned it. Simple solution.

  14. @archers101pd7

    February 12, 2024 at 1:09 pm

    US car makers were laughing at Japanese cars when they first started. Musk did the same thing with Chinese EVs. Competitions in China is extremely fierce, you do not innovate at break neck and be cost effective, you are toast. Now, Musk and Raimondo are talking about further tariffs and sanctions on Chinese EV because Tesla cannot innovate fast enough?

    This same lady was talking about working with EU to slow China innovation back in 2021?

    2 things: This is not possible, if there is a will there is a way. China is hell bent on making this happen. (spend your money in creating an environment for innovation in US instead of funding wars around the world) 2. If China was working with Asean or Midde East or Africa and try to slow US innovation, how do you think US and the media will react?

    China stay quiet and now dialing this forward, in your face: EV they are the best, chips (they are up and coming both on equipment and 5mm and lower chips), what did Musk said about Chinese work ethics? What did Cook say about tooling and die supplier? They have created a barrier to entry and most of these have path dependencies that cannot be replicated overnight.

    US needs to rethink their budgets, stop fundings all these wars and defense, funnel these to foster innovation!

  15. @ravikurup8350

    February 12, 2024 at 1:09 pm

    Is Elon a spokesperson for China backed company ? 😂 i thought we had issues with Tiktok

  16. @thomasrogers9146

    February 12, 2024 at 1:09 pm

    80% OF TESLA'S REVENUE COMES FROM THE CHINESE MARKET. IS THAT A MARKET TESLA'S INVESTORS WANT TO LOSE? I DONT THINK SO.

  17. @kanpakloykan7105

    February 12, 2024 at 1:09 pm

    To the Chinese now BYD mean to I yankies now is to Bankrupt Yankies Development your boastfulness
    They would not have done it so if not for your bashness & boastfuness. As Sun Tsu had taught the Chinese. One need to b humble & compashaite but if the opposition r so arrogant &snobbish then by all means give them what they deserve.

  18. @kevinlin4895

    February 12, 2024 at 1:09 pm

    Will Chinese EVs sell in US? Drop your 27% tariff and you'll find out. The reason why it hasn't doesn't have anything to do with how good they are, but the US tariff shield. But shields are not a sign of strength, it is a sign of weakness.

  19. @HHMMZZAA

    February 12, 2024 at 1:09 pm

    We will hear and remember what I said.
    US government BYD support chains military.

  20. @felipelim4750

    February 12, 2024 at 1:09 pm

    BYD TECHNOLOGY IS WORLD NO.1 ..CANT STOP IT.🫡🫡🫡🫡🫡

  21. @ichigokurosaki2838

    February 12, 2024 at 1:09 pm

    Ford should partner with NIO for battery swap to get to the top.

  22. @GurpreetSingh-fw8wh

    February 12, 2024 at 1:09 pm

    America supporting so called Israel making every muslim country enemy , and people dont buy enemy stuff second thing is America giving 100 billion dollars to israel instead of giving loan to youngsters making more EV car companies.

  23. @GurpreetSingh-fw8wh

    February 12, 2024 at 1:09 pm

    Tell them cars sells on beautiful shapes and designs and high quality material and paint options and prizes. Their cars looks like beautiful electronic gadgets just like concept cars, China launched so many cars mean that so many design whereas Tesla has one design.

  24. @peterklausner9727

    February 12, 2024 at 1:09 pm

    If BYD is bigger than Tesla now in EV deliveries…. Why is Tesla valued at $588B & BYD valued at $68B?? & also BYD is the world's second largest EV battery producer!! Massive difference in valuations..

  25. @loganadenveerapen2875

    February 12, 2024 at 1:09 pm

    EV sale will not be sustainable in the long run without proper recycling – will the EV makers sustain the ensuing cost? The future is still hybrids and why Toyota is still persisting with this type of drivetrain.

  26. @querywe

    February 12, 2024 at 1:09 pm

    In this situation, the most important thing is that USA and EU can't be to sell cars to China market

  27. @valienterf

    February 12, 2024 at 1:09 pm

    Byd is sploding snd breaks fails please.

  28. @user-cp6ug4fp6r

    February 12, 2024 at 1:09 pm

    Bitonot danso SM prilep mohniot i sveci miloski ot svet. Eeee zahuden. USA@ kako ie. Imislen. USA@ iako. Stredno nemam. Osnovno. USA@. Vadredno. USA@. Toe. Kakosevika. Bozja. USA@. Farba. Ili cvecite. Mohna. USA@.

  29. @himanshumange

    February 12, 2024 at 1:09 pm

    Once tesla starts production in india , he would be unstoppable.
    The industry is already gearing up for him.

  30. @kenbehrens5778

    February 12, 2024 at 1:09 pm

    The Fox business commentator wasn't up to speed on this one. Byd overtook Telstra in 2023 making and selling more electric vehicles, helping China to be not just the largest auto maker in the world (30 million made and sold last year), but China is now the world's largest auto exporter overtaking Germany and Japan. The actual numbers are Japan exported 4.42 million vehicles in 2023, according to data released by the Japan Automobile Manufacturers Association on Wednesday,(31ST Jan 2024) The Japan Times reported. That compared with 4.91 million vehicles shipped from China, according to the China Association of Automobile Manufacturers (CAAM).

  31. @dahoe1

    February 12, 2024 at 1:09 pm

    Musk wanting the us govt to help him out with tsriffs on the competition

  32. @user-cn7iz9qu3i

    February 12, 2024 at 1:09 pm

    There will always be someone better/smart/rich than you. Be humble and live a happy live!

  33. @TheJohnnyJohnny

    February 12, 2024 at 1:09 pm

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

  34. @TheJohnnyJohnny

    February 12, 2024 at 1:09 pm

    Chinese EV is Communist. Say no to commie product.

  35. @thomasrogers9146

    February 12, 2024 at 1:09 pm

    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.

  36. @thomasrogers9146

    February 12, 2024 at 1:09 pm

    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

  37. @JeanGunnhildr88

    February 12, 2024 at 1:09 pm

    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.

  38. @patrickbianchi1146

    February 12, 2024 at 1:09 pm

    Hahahaha
    Freedon?

  39. @skanthaadsigns

    February 12, 2024 at 1:09 pm

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

  40. @KKandEV

    February 12, 2024 at 1:09 pm

    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.

  41. @mikesmith-wk7vy

    February 12, 2024 at 1:09 pm

    so now they want Chinese cars spying on us as well

  42. @mikesmith-wk7vy

    February 12, 2024 at 1:09 pm

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

  43. @mksktube

    February 12, 2024 at 1:09 pm

    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.

  44. @sharonlewis705

    February 12, 2024 at 1:09 pm

    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.

  45. @michaelwoods4495

    February 12, 2024 at 1:09 pm

    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.

  46. @edwardpowell8521

    February 12, 2024 at 1:09 pm

    America needs to stop financing China

  47. @wj82liz

    February 12, 2024 at 1:09 pm

    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…😂

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