GM, Ford Hurt Most by Tariff; Inside Story: How Musk Fired Supercharger Staff - Autoline Daily 3812
Вставка
- Опубліковано 5 чер 2024
- Autoline reports breaking global car news, with great insight and analysis. Also, top auto executive interviews. We cover electric vehicles (EV), autonomous vehicles (AV) and internal combustion engine technology (ICE), as well as car sales & financial earnings and new car reviews.
0:00 GM, Ford Hurt Most by Biden 100% China Tariff
0:46 U.S. Wants to Block China Imports Via Mexico, Vietnam
1:26 BYD Officially Launches Pickup in Mexico
2:20 8 OEMs Accused of Misleading Customers Over Data
3:21 Global Gasoline Demand Hits Pre-Covid Levels
4:38 Chevy Equinox EV Officially on Sale
5:17 Aiways Drops Out of Chinese Market
6:07 Genesis Opens More U.S. Stores
6:37 Inside Story: How Musk Fired Supercharger Staff
Story Links:
U.S. Wants to Block China Imports Via Mexico, Vietnam: www.reuters.com/business/bide...
BYD Shark Launches in Mexico: carnewschina.com/2024/05/15/a...
8 OEMs Accused of Misleading Customers Over Data: www.autonews.com/regulation-s...
Global Gasoline Demand Hits Pre-Covid Levels: www.bloomberg.com/news/articl...
Equinox EV Now On Sale: media.gm.com/media/us/en/chev...
Aiways Drops Out of Chinese Market: europe.autonews.com/automaker...
Genesis Opens More U.S. Stores: www.autonews.com/dealers/gene...
Inside Story: How Musk Fired Supercharger Staff: www.reuters.com/business/auto...
Read the transcript here: www.autoline.tv/daily/ad-3812...
Subscribe to Autoline Daily Email: autoline.us1.list-manage.com/...
INSTAGRAM: / autolinenetwork
TWITTER: / autoline
FACEBOOK: / autolinenetwork
WEBSITE: www.autoline.tv - Авто та транспорт
Ooops. That 100% tariff only applies to Chinese electric cars. So they won't affect the Buick Envision or Lincoln Nautilus. However, tariffs will rise on EV batteries and battery parts from China, and that will have an immediate effect on some models from Ford and Tesla.
Thanks for the correction! I always appreciate it when channels do that!
Withdraw and reissue the video please.
Most people don't read the comments.
Do five minutes of research before repeating inaccurate information.
@@hwirtwirt4500 Shut up.
@@michaeloreilly657 that seems reasonable....Most people don't read the comments, huh? I can assume you have firm data to back up that claim?
Bloomberg is now reporting Tesla has begun hiring back some its Supercharging team. Chief among those rehired is Max de Zegher, the director of charging for North America. I also heard most of the staff were originally hired to put the partnerships in place with non Tesla brands and most of that work was completed. It's a hot topic and I am sure we will hear more...
What an unnecessary mess
John, GM was already caught giving On star details of one customers traffic SPEEDING to his Insurance Co., I believe he Is sueing GM.🤔
Anybody figure out that the consumer is the one that is the one that pays?
"...and that drops the price to $27,500" on the model that's not out for another year. Nice PR, GM.
Still it's good to see them finally showing signs of life with their EV programs.
It comes out later this year which is at most a little over 6 months.
You mean the model that you'll NEVER be able to buy since dealers will only order with additional features or add markup... 🤦♂
Equinox EV been in production for over a month now. Some dealers already received their VIN. You should start seeing them on the lots before Summer.
its all just talk, they wont produce more than a hundred.
There is an old adage... put Tariffs on finished products, not on raw materials and not on intermediate (semi-finished) components. We have a problem in that solar panels and batteries are not really finished products on their own, but there are tariffs on them that prevent domestic companies from being able to competitively create products using them. That includes auto manufacturers.
The idea is to bring manufacturing of many of these intermediate products into the U.S., but it just isn't happening. Instead it just hands a monopoly to a very small number of companies whos products barely kick the bucket relative to demand. For example, there are only two domestic solar manufacturers and I don't think their production ticks over at even 1% of our domestic demand. They aren't scaling up, and new companies aren't incorporating in the U.S. to compete either.
Same with battery factories. A laughably small number of batteries are produced in the U.S., and generally just for a limitedn umber of dedicated markets... not for general markets.
Hundreds of millions of people are basically being taxed billions for no good reason.
This is not how tariffs are supposed to work.
-Matt
It doesn't help when NIMBYs don't want battery plants.
The lengths the US will go to, pressuring other countries to stop (even though it would benefit those poorer countries), putting up artificial barriers - totally going against free trade/free market capitalist system and the overall efficiencies and benefits as espoused and promoted by US (when it suits them!) is just mind boggling. The unconscionable, underhanded measures being put in place, just because the US cannot compete - came to the party too late 10-15 years behind in Green Technology - not panic stations (and a dose of China bashing doesn't hurt in the polls from an upcoming election!). Just incredible.
Not at all…China isn’t a capitalist economy- its products are incredibly subsidized by the state and tariffs are the usual and proper way different markets and countries deal with unfair competition from state subsidized enterprises and products. Its not just the US….Europe and Canada will also be bringing in tariffs to protect their markets, their labour force and their own investments in green technologies. Don’t lay any bets that Mexico will be allowing China to locate their manufacturing in Mexico to escape tariffs or sneak their product in under the guise of free trade- Mexico has a huge investment and automotive industry in partnership with US and European car manufacturers that it will not want to jeopardize. It is already totally integrated into the US market. China can market its products to economies that don’t produce vehicles (although my guess would be that EVs won’t be big sellers in most third world countries simply because they can’t afford or will build the necessary electrical generation and distribution infrastructure.
When China allows their workers to unionize, then we will have an even playing field.
is it just not capitalist? I feel like there's something else...oh, right. it's a communist regime.@@windfall35
privacy is a real concern now
Use a VPN and throw out your phone.
In a decade, we'll see the car buyer hurt most, as OEMs are shielded from competition. We've seen this circa 1980, I wanted a Toyota SR5 compact pickup, but 25% import tariff made it out of reach. GM, Chrysler went BK anyway.
China isn't Japan. China could wipe out all of our manufacturing if we let them. Zero environmental, employee or workplace standards.
This isn't capitalism vs capitalism, it's state capitalism vs capitalism. A free market can't compete with racketeering tactics. It can't compete with capitalism that's assisted by a gov intel agencies. The best solution is to take a page from their playbook; require BYD/Nio/Xpeng to form joint ventures with GM/Ford/Toyota. Their cars, but built using GM/Ford/Stellantis workers and factories. That's the key to leveling the playing field. Just like they did to us.
@@taylorc2542 CATL. BYD and Quigqi have entered agreements to build factories with Ford and GM and all hell broke loose. The US is 15 years behind China today; this law moves us back 40 years.
@@taylorc2542 I have figuratively been harping about SASAC,
State-owned Assets Supervision and Administration Commission of the State Council,
for 2 days and zero interest.
My question is do we want the CCP owning large stakes in even more US factories.
Taiwan’s car industry is protected by tariff for decades. With tariff protection, they have now remain as plants that assemble Japanese cars and then slap on their local brand label.
Oh darn! I guess they’ll have to move production here with union labor. Shame on ford and gm for building in China and selling here. They deserve it.
Oh Mexico, it sounds so simple they just have to go..
NAFTA and GATT made sure of this debacle
When China impose tariff on USA car, USA car maker will lost the market.
2.4 millions US brand cars sold in China 2023， 10,789 China brand cars sold in the U.S 2023.
As of march 2024,there are currently no Chinese-branded passenger vehicles for sale in the United States.Just five cars sold in the U.S. are made in China: the Lincoln Nautilus, Buick Envision, Volvo S90, Polestar 1 and Polestar 2.
China's auto tariff 17.5% and will decline in the near future
US tariff on Chinese cars will rise from 27.5% to 102.5%.
@@stokeynathu8112 , joe’s team did not learn math in school. That mean USA is about to lost 2.4million US cars sales once China counter with their own tariff on USA made vehicle.
China always had tariffs on imported cars. It was between 25-47%. Aside from low volume cars, manufacturers typically don't bother importing and instead build manufacturing plants in China. I recall Ford reporting the imported F150 Raptor would cost over 100k in China due to tariffs and taxes.
@@esphilee those US cars are made in China, exactly because China had 50% import tax on US made cars. China can't put import tax on cars made in China
@@simson4tyou leave out the part that Chinese car makers have no interest in exporting to the hostile U.S. market. They’re targeting the developing world.
Shouldn't you at least change the title, if the information is false?
Could you please clarify for me the tariff situation on the Buick Envision, as I understood the 100% rate applies to electric vehicles. Does it also apply to ICE vehicles? And when does it take effect? Thank you. cd/
Only evs. False reporting
I live in Buick lovers state.. and never saw one of those.. I do see Chevy blazer RS every time i go out in 2024...
@@b-lonmuskThanks. I see Autoline issued a correction, but this is a major error. It was the headline story that Buick Envision and Lincoln Nautilus were to be hit with the tariff. I have always counted on Autoline as a dependable source of information. I hope they verify their information in future.
@@christopherdouglas8471- That's strange. I've never relied on them for accurate information. They are wrong about many things. I mainly watch to see what's new and then research it myself.
Does BYD for example have to provide crash data or provide a vehicle for DOT to approve before it can be sold in the US? OR through agreement does the US accept crash data conducted by foreign governments?
I liked the quick summary in the end. maybe you should start with that in the future?
Good one John, thanks!
Autoline, please continue reporting prices WITH the destination charge. It's a fraud-based hidden charge that should be included (like you did in the past).
And you can add in your local dealer ripoffs
Click Bait! The tariffs only apply to Chinese EV cars, so the tariff helps Tesla and anyone else who sells EVs in the USA.
Whoops, the administration forgot to ask Government Motors how this would affect them! 🤣
Considering we haven't seen any Buick EVs yet in the US I figure the plan was to import them from China. GM probably already knew something like this would happen.
Short sighted politicians?
Go figure. Let them in!
Eloon firing Rebecca Tinucci and her Supercharging team was a blatant betrayal of the commitments to transition to J3400 connectors with GM, Stellantis, Hyundai, Kia, Genesis, BMW, Mercedes, Audi, Fisker, Aptera, Lucid, Mazda, Porsche, Subaru, Volkswagen, Volvo, Polestar, Nissan, Toyota. What an 🫏hole!
The transition continues unabated.
@@jamesvandamme7786 Riiiight. That's why GM has removed their J3400 adapter from their parts store, with no indication when or if they'll relist them. Don't kid yourself.
I went to America last year and saw a shop named 'Made in America'.
Some products inside were made in China.😂
That Aiways looks like the new Polestar 4
That’s what most all Chinese companies do. Copy/Steal
Umm not a lawyer, but if they get a subpoena they're still legally required to supply the data. It's a distinction without a difference.
A warrant is a compulsion to surrender, a supoena is a compulsion to testify. Indeed, a subtle difference.
Thanks for the news!
Don't automakers have a one-for-one trade agreement with Chinese built cars?
I really hope BYD sells cars in the U.S. I test drove a BYD Seal, while in Costa Rica, and it was amazing. Besides, it would create a healthy competition. U.S. auto makers should embrace the change.
The 100% tariff applies only to EV's so to claim it'll hurt ford and GM seems incorrect. I think the tariff has a lot more to do with the BYD Seagull.The BYD Seagull retails for about $10 grand.. Think about that for a minute besides whether it's any good, or not.. It's a brand new car for ten grand! The knock on effect to the US auto industry as a whole would be brutal.
BYD still has the market of all latin america even with the tariff. So the american manufactures will lose sales either way.
A 10k ev is an entry level model. Screw the working poor. Brilliant.
Many say that bringing cheap cars up to US mandated standards will increase that well past $10K. I want to see how much cost Tesla can squeeze out of lower priced cars built on the model 3 and S lines. We know they can sell an 3 for about $40K. Providing the feds don't pull the aid now that the common folk need cars. that would be $32500 with the federal credits. Maybe just maybe it could sell for around $25 and your not driving around in some shoe box.
U R correct and I am sure Johan is awre of that. So I am wondering what is his insensitive to keep repeating this wrong information.
Why did you compare the price of the Shark to the F150 Lightning? 1. It’s a PHEV not a BEV. 2. It’s not in the same size segment.
it is comparable to the Ranger Raptor but far more fuel efficient
The US has zero PHEV options for pickups. Even though Ford sells a PHEV Ranger in Australia.
@5:25 It's going through a SPAC so it's _iffy_ if it's going to happen. It's even _iffier_ to see if they'll raise enough money.
Is Bloomberg cherry picking stats on gasoline consumption? What about 2023?
Opec is reducing production in 2024 to push gas prices to 5.00 a gallon this sumer. The glut won't happen if Opec keeps cutting production. They fixed that problem of over supply..
I love his energy! 😃
$43k for an electric Equinox? Heh..not too terrible considering the Model Y starts at $44,990. Asking price is a helluva lot better than the $57k GM was asking when the model was first introduced to the market.
for $43k it should come with AWD at least
Where's my $25K EV?
@@jamesvandamme7786 It sure as hell isn't going to be an Equinox, or a Model Y.
im so sick of yall bringing up that plain ass model y ...😂
@@incognitotorpedo42 Bolt is the only car on my shopping list. Nursing my Focus along until Detroit gets their act together.
Tip of the hat to the UAW
Best daily in the business.
Gasoline consumption is temporarily goung up since SUV, and pickups are getting larger and hevier. Sooner or later those numbers will decrease due to people not buying cars above $70,000. They will be replaced by cheaper electric cars.
Daily essential viewing.
EV makers need the data to make the next models better and recent ones too for location maps...
And to sell your soul to the highest advertiser bidder.
No they don't.
@@JohnH1 ".... to enhance our customer experience...." and other lies.
Tariffs long term are bad for both sides .
I don't know about GM, but I cannot imagine the Lincoln Nautilus would be that bad of sacrifice for Ford. Mainly Ford is using China now as a place to export ICE cars to other international markets.
Every Nautilus is being built sold. It's Lincoln's most successful model since the Town Car went away.
@@stanwbaker I would venture to say the Aviator makes a bit more profit for Ford than does the Nautilus even though Nautilus has greater volume. Of course that is just within the Lincoln brand.
In the big scheme of things I don't think the Nautilus is that big of deal to Ford.
@@RonnieLeeDuck Nautilus is bringing new buyers to Lincoln, and to Ford, in greater numbers than since I don't know when. The original Taurus? When was the last must-have Ford? They can push those Gender Affirming Vehicles that have replaced pickups until that market becomes a farce, or they can grow.
Ok lets think rationally about this... The us decided to put a 100% tarrif on chineese vehicles and imports roughly around $1.6 billion dollars worth of these autos however ehat happens when China decides to do the same tqxing american imports an additional 100% considwring the us sells over $12 billion in China, sounds very risky and puts american intreat in danger if the Chinese decide to follow suit. Since legacy quto generate around a third of their revenue from China this sounds like really bad policy for those paying attention to global markets.
Also American car sale will drop in China just like ditching iPhone for Huawei in China. Patriotism works in China as well as in U.S. if not more. Tariff will probaky benefit Toyota, Mazda, Nissan, Kia and Hyundai the most, none of them American, maybe even comrade VinFast.
I am chinese in shanghai. I am curious How much a buick envision cost. In Shanghai It cost About 20k~32k us$. I have one 2.0t Four wheel version. The brand New one cost Almost 25k us$ in shanghai....
The irony of *eight* legacy automakers misusing customer data, while people were panicking over the advent of smart cars by formerly niche players.
Seems that, much like Dieselgate, it's the old players we have to worry about, again...
Usa is crying because days of usa shining is gone . China is leading in ev market and will soon become largest gdp market outpacing usa . I think usa doesn’t want any country to exceed except itself .
@@jashanvirsingh2166 I suspect the US would be less likely to tariff if the Chinese market didn't use borderline slave labor in factories and artificially suppress its currency value. The US isn't the only region putting up protectionist measures against China.
@@ethanwelner1230 America knows child labour is done in congro, still there are mining companies of America mining cobalt , nickel there . Why no action against them
@@ethanwelner1230 Bro reason is usa (west) era is on depreciation and it will be rise of Asia era . China is leader in lithium battery , that is why usa is afraid
@@ethanwelner1230 if u so don't like Chinese products, throw away apple phone with which u are typing , bcoz it is made in china
If the Chinese companies Bring manufacturing to Mexico it's OK, then they play on level playfield and they lose their unfair Price advantage. That BYD pick up is a good example. But why they wouldn't move to US and get the tax credit. And if import tax hurts American manufacturers who outsourced manufacturing to China, good they deserve it.
They would still want sales of latin america not just the u.s
China would prefer to build knock down kits in China. Then export and complete assembly. The problem the US tax credits are based on US content for the car and battery. They may be able to get the battery from a US based Chinese suppliers if they were not using too much Chinese processed minerals. But as for the rest of the supply chain that is a reach. Still could be done.
EDIT: USMCA is up for renewal. The US could amend to exclude Chinese cars build in Mexico.
I like this daddy over his sonny :)
The average American large truck customer is way too racist to ever buy a BYD truck
They don't flinch to buy a Tacoma. I remember when my father in law, who fought the Japs, sneered at our Datsun 1200, "made of melted down B-25s".
if 20k$ cheaper and built quality better, who knows)
Tell that to toyota
what is wrong with being racist?
7:00 Too bad. The boss tells you to cut headcount 20% then you do it.
What if the boss is a schizophrenic? The boss told her to cut people. The boss *also* told her to expand the supercharger network to keep wait times low with all the non-Teslas coming in. There’s a *reason* Tesla has had to contact contractors and tell them to hold off on breaking ground and buying equipment - it’s because they’d ordered a big expansion weeks before.
And so it should be. If GM and Ford hadn’t shipped the jobs out of the country it wouldn’t now hurt to bring those jobs back.
Can you investigate if the finding in IN DRIVEN report on May 14 from Daniel Bleakly Stating the car industry cartel like is accurate and if you can have a live with the author?
China can also build cars in Canada, leverage free trade...and have access to all active Chinese own mines industry and cheapest clean energy (Quebec 99% green).
Canada is more costly than even American. What's the point?
The Canadian Government subsides health care. Is not that much more expensive to assemble in Canada. In fact, Ontario was a destination; for every US automaker’s minivan lines , not long ago.
Even with the unions , costs were in parity with the US and overall quality output was heads above in Canada.
@serafinacosta7118 Ontario WAS a destination years ago. Not now. I'd say 2/3 of the factorys have shut down.
@@tlr-nut7275 it is a pity indeed
Hope that doesn't backfire on the USA not only for batteries, but other things. Risky game but they walk things back all the time.
Every single company that has your data will give it to law enforcement, or frankly anyone willing to pay for it, without coercion. If you want to stay private your only option is to have technology that doesn't track you in the first place.
So you need to become Amish to accomplish that. Don’t you have your phone on you at all time?
@@nathanrobersonmost people don't realize this. A person's phone is the biggest source of data and much more than any auto tracks.
@@nathanroberson I didn't say it was easy or wouldn't have significant deleterious effects on your livelihood. I just said a true thing. I'm probably tracked 24/7. I'm literally here typing this now being tracked in likely dozens of ways.
Gas demand will be fine. Folks buying EVs are trading in their gas car or giving it to a family member and they will drive more miles per year than the original owner. That's true in our family.
The cheerleading from some people is laughable. It's like they live only on the internet.
It's pretty easy to see that EV transition is going to be a decades long process as the average age of vehicles on the road is something like 12 years.
@@KBergs There is no cash for clunkers program this time so all those gas cars will stay in use and most will increase in use.
@@frankcoffey Someday their transmission will go out and the resale value will be zilch, and EVs will be much cheaper to run, and used ones will proliferate ...
All dependent on when Detroit starts making them for the mainstream. They're stalling now.
@@frankcoffey No cash for clunkers _yet_
I don’t get why China just doesn’t make an ultimatum and refuse to ship any EV batteries until tariffs are removed
Because it would destroy their battery industry and lead to unrest as millions were laid off. We can easily go back to using just ICE cars.
Because US citizen will pay the tax just like Trump period.
@@refuztosay9454 it seems to me that only America seems to be ok sanctioning others but no one else can survive if they sanction USA? Russia has proven that USA isn’t needed.. EV batteries have just become a thing. Chinas survival doesn’t depend on it. Entire Europe and the west run on the green agenda přópâğäñďä. Politicians depend on China to support that agenda. We need China as much as they need us.
Isn't the correct number 102.5? The USA had a 27.5% + 75% =102.5
They should do i by Brand and factory not country
I believe GM sold a Thai assembly plant that is now Chinese owned, won't be surprised if they now produce cars for export, maybe AD can research that, and yes BYD will soon make cars to The American market , export for S Anerca , with eye on North America at a later date.
To me the tarifs mean the USA automakers have given up on global markets, won't be long before BYD dominates the latin american market
3:06 Okay, all you legal eagles out there: What is the difference between a subpoena and a warrant?
Chinese car designs are much better than the other manufacturers 😂👍
They do have some nice sheet metal
There are no Chinese cars sold in the USA. There are cars made in China, but not any home-grown Chinese branded ones.
Blocking chinese cars with an 100% tariff is a huge mistake. We have to be competitive with the Chinese. If not they will crush us. The best time to let them in is now. They are not fully competitive yet. They are targeting the wrong demographic. Sooner or later the Chinese are going to make 25k electric cars and trucks. At that point if we are still locked at the 45 to 100k price point. We are done.
Plus automakers and governments seem to want cars to be throwaway appliances but with massive price tags.
If all our cars just keep getting worse why not have cheap Chinese cars. They will probably last as long as most cars these days.
We need cheaper cars.
What Chinese cars? There are no Chinese branded cars in the USA. And I don't considered where something is built to be the nationality of the product. An Audi built in Mexico is still German, not Mexican. The correct term is "Chinese built" not "Chinese."
@@benjaminsmith2287 Volvo is Chinese built and engineered along with Pulstar. Ford and Buick import cars from China. Toyota is in the process of of re-badging BYD cars from China. The Tesla 3 and Y are imported from China to be sold in Europe, China and Australia. Cars made in Mexico are designed to be well cheap. The Audio Q5 and the BMW X 2 are two prime examples of obvious downgrades sense being built in Germany.
The Chinese already have some of the best built and engineered electric cars and hybrids in the world. They only lack marketing knowledge for automobiles outside of China. They also are targeting the wrong demographic. They need to come in under Tesla and the European brands. At least until they can build a repartition for quality and reliability outside China.
china is protectionist, why is it only bad when the u.s does it?
6:45 Elon did not fire all the supercharger team... so many people are repeating that lie. They are making and repairing them still... please learn the full story.
He did the same with twitter.. cut 90 percent of slackers
@@dertythegrower Adrian hires and fires all by himself! You just said babysmurf9000 hired 90% slackers on the Slowcharger Team!
But he actually did tho. Also, Twitter has been a shambolic slow burn disaster since he took over and will be sold off or dead in a few years.
That's what happens when you refuse to buy ads on the media. Turmoil at Tesla! Sales off the cliff! Bankruptcy looms!!
@@jamesvandamme7786 All caused by Adrian! Vote no!
If we subscribe it doesn’t show up in the random main screen choices. We have to switch to see it, so I don’t subscribe ❤😂
Doesn’t the tariffs only apply to EVs? GM & Ford doesn’t import EVs from China.
Yeah, either way it's funny to see legacies try to spin "EVs aren't the future" and "protect us from Chinese players cause EVs are critial to our survival" in the same breath.
Throws a wrench into that silly legacy messaging attempt for those paying attention, shows it's not EVs but "their" EV programs that are struggling.
@@AllanSustainabilityFan not all legacy automakers are saying that, its a mixed bag
Ford does have plants in asia, mexico especially now, and here...
That's the wording on the White house website. Autoline needs to double check.
@@AllanSustainabilityFan Good point GED! Legacy EV manufacturer BingeCo CEO says "If there are no trade barriers, they (Chinese EV manufacturers) will pretty much demolish most other car companies in the world"! 1/24/24. Adrian begging for help! BingeCo struggling!
Tesla invests 500 million into the largest Super charging system in the world, it is a mess. 3 other competing companies put in 10 million each and they are "making great strides"? Please explain. It seems like Tesla is still dominating the competition at about 100 to 1.
so the whole reason for clicking this turns out to be "fake news" - good to correct it right away but it should have been taken down, re-edited and then re-posted with a different title
Best EV car is NIO… you can replace a battery within 4 - 5 minutes
That is the definition of best car/EV?
Reuters big lier
algorisme (Algorithm in Catalán)
@3:13 A subpoena is a legally issued document that is enough to compel the recipient to comply. Just ask a couple of *Trump* aides... 😉
3:25 EVs causing a global oil glot by 2024, but now there is expected to be more gasoline use in summer 2024 than in 2019. There has been a great reduction in commuting with people working at home. That change in-the-way-we-work should mean less gasoline use. What is surprising is that somehow more gasoline is expected to be used in 2024 than before the work at home policies stated with COVID-19 in 2020.
I'd like to see a breakdown of where that gasoline usage is occurring. Doesn't seem like it's in China...
Always funny watching people underestimate Elon.
@6:46 I disregard anything from *Reuters* concerning *Tesla* (that refuses to advertise with them.)
Weird thing to do when they seem to be right 100% of the time.
Your not giving the complete truth it's a 100% tariff EVs not ICE vehicles.
Are those two Chinese American cars EVs? No, therefore no problem
WTH is Biden doing with EVs? He says all for them then he does everything possible to make them more expensive. Look if everything was made in America most of us couldn’t afford anything
get the old man off
Gas demand higher than 2019? Yup. That's a glut alright. 🤣😂
This little factoid left out an awful lot.
Increased auto sales in non-Western markets accounts for the (very limited) increases in oil consumption.
But the rate of growth in oil sales has slowed dramatically.
It's funny, when the rate of growth in EV sales slows, it's called a "slowdown" and everyone blabbers about a handful of cars "sitting" on dealer lots - as if dealer lots aren't supposed to have cars on them.
But when the rate of growth in oil sales slows, it's reported that sales are "up." No mention of a "slowdown."
I thought Buick disappeared years ago.
No you didn’t, you just want to say something… anything, it’s sad
The Chinese loved the Buick brand years ago, after all The Last Emperor loved his Buick, but " the times ,they are a changing", the new generation of Chinese don't care much, by 2030 Etroit might be gone from China, please Google Michael of Dunne Insights.
@@taniabanes4707 GM will be gone from China by 2030.Watch my prediction🤔..😂
Build in China, sell many, PROFIT
Could a Chinese brand build a factory on US soil?
I find it ridiculously hypothetical how our government won't allow their brands to export over here when our brands do the same.
With reunification of Taiwan and China that could put a wrench in any plans
The US warn Mexico not to help china to circumvent the US's tariffs otherwise the US will be forced to revise the convention
Tariffs should apply according to the country of origin of the brand, not of assembly, it would keep the Chinese at bay for a while, cause it’s useless to count on customers to make the right decisions, at least in some places. Chinese cars would probably sell in Los Toyales or New York Sushi… but well they already live under occupation there and seem fine with it
Wouldn’t they just buy a shell company in the U.S.?
That’s hilarious it’s very short sighted and out of touch look before you leap ironically the Chinese probably already knew this at only 10,000 usd for a BYD seal I guess they had to do something it’s what happens when you close factories in America and open them in China free trade global economy who can make and sell a new car today for 10k
BYD's are very poorly built. Do a search and yoy will find thousands of customer problems.
You misspelled CyberBust as headed up by Chief Engineer babysmurf9000!
The product is not American just because the headquarters are somewhere in the Mid-west! The product is American when it's made in the USA. I understand with globalization it's impossible to produce everything in your country and stay competitive BUT if you build factories in China and sell your products in the US just because you as a middleman gonna get your cut without concern about the workers or the economy then F you. These tariffs are the only good political news in 4 years. You want to sell in the US, make it in the US. You want to make it else where because it's cheaper, then you don't get to compete with local products and risk our jobs and our economy Mr. Middle-man.
Tesla Headline News: Re*ters confirms probable k binge when firing the Slowcharger team! 2% conversion rate for Full Supervised Driving! Lazy AI Lead Jain gone! King BYD Shark pickup is here!
You are slow, tesla is the best, hence why ford and gm signed a deal to use them 6 months ago
BYD copies tesla... keep dreaming
@@dertythegrower Let's see...payments made by BYD to Tesla for "copying" them totaled exactly $0.00! Captain BK giving away his IP!
It appears BYD did what made Toyota successful in the Truck market in the past, copy and modify the F-150 design
@@bobbbobb4663Who pays if he lives and works in China? Nobody.
😅😆😂🤣
Sounds like the whole Tesla firing thing was basically an ego trip by Elon. This Rebecca person telling him about her big expansion idea must have gotten to him. He obviously doesn't like other people coming up with good ideas.
The board should fire him! He has way too much on his plate, even for him. It's time for someone else more stable to be at the helm.
Only a matter of time before the Chinese establish manufacturing in North America. If that happens, goodbye Toyota.
Geely owns Volvo. Volvo owns an assembly plant in South Carolina. BYD builds buses in California. Toyota's big problem is Toyota sells a lot of autos in the third world.
@@steven4315 Yes, but Toyota owns the market for hydrogen cars!
@@steven4315 Yes BYD sells buses in the USA but buses are not cars. Volvo's plant is not a Geely plant. It's for Volvos and Polestar. Volvo is a Swedish company with a Chinese owner but they are a Swedish, not Chinese, company. And this goodbye Toyota stuff is nonsense. Toyota sells in the most markets and they continue to grow in their amount of cars sold.
Tesla is the best car company ever! No gas stations, No oil changes, No smog check, No corrupt dealership, No catalytic converter and as fast as a $650,000 Lamborghini
Reuters is not a credible source re Tesla. Autoline should do its own journalism instead of just reading the internet news
Believe anything Rueters says, at your own peril. They are not, who they once were.
Report on cars powered by h2o
"Tesla's FSD v12 also works well in Europe, including Moldova and Romania. The driver said he drove in that country."
ua-cam.com/video/Kevm8i_V5Kc/v-deo.html
The beauty of "general" autonomy. No need for silly geo-fences.
Game over for Tesla!
lol, wish I had a nickel for everytime I heard that
You are dreaming kid.. everyone is copying elon
BYD copies tesla... and uses welfare from Xi to make prices lower short term
@@Alexzw92these kids believe every byd shill that copies tesla
Umm, you do realize that Tesla's sold in the US are made in the US. Fremont, CA or Austin, TX.
The Tesla's built in China are sold in China or get exported to Pacific Rim countries and others, and even to Europe to supplement the factory Tesla has in Germany.
Omg you’re video is boring
Word has it that China is raising the tariffs on Chow mein, flied lies, egg drop soup, sweet and sour pok and dim sum😂😂
Pork. Alcoholic beverages. Soy. China can make 45% of the American market go away with the stroke of a pen.