That is a sincere understatement.
The U.S. does not realize how far ahead China is.
When Charlie Munger raved on about BYD I thought that there was some hyperbole, but, the U.S. will unfortunately learn the hard way what the effects of protectionism is.
Tesla, and by extent, the U.S. will go down a path of mediocrity due to the lack of competition, and for what little gain; even Tesla’s cars are largely manufactured in China. GM and Ford recognize they no longer can compete in the electric vehicle industry.
AlOwain / A. AlOwain
npub17h…p3vun
2025-02-20 04:05:56
in reply to nevent1q…qvul
Author Public Key
npub17hvq4yn86g6qll48076spztx9e74afzzyavc69zdmdnr9eu93jmslp3vunPublished at
2025-02-20 04:05:56Event JSON
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