Chinese automakers may enter US market
“That's not just competition. That's the beginning of the end of the American car industry as we know it.”
Transcript
President Trump just told Chinese automakers they can build cars in America. For GM and Tesla, they all panicked and sent an emergency letter begging him to stop. They should be scared. I spent a couple weeks in Japan earlier this year, and one thing became painfully obvious. America does not have a monopoly on making great cars.
BYD, the largest EV manufacturer in the world, just released a sedan with 391 miles of range for roughly $15,000. A Tesla Model 3 with comparable range starts at $35,000, the same range less than half the price. And BYD makes roughly 75% of its components in-house.
The battery, the chips, the software. Everything works together because one company designed all of it. Meanwhile, when you buy a Ford EV, Google runs the dashboard. Blackberry provides the brakes and steering software, and the battery comes from overseas. In every market where Chinese EVs compete directly with American cars,
they went on price and match on technology. And then there's NIO, China's answer to BMW, offers range pushing 650 miles on a single charge. And the ex-pangs AI chips learn the driver's habits in real time. And BYD charges his cars from 10% to 80% in just 12 minutes.
Across all of Asia, there are EVs and luxury vehicles most Americans have never seen. Massive screens, insane software, captain chairs that look like lazy boys. One estimate says that Chinese automakers could capture more than 10% of the US new car market if restrictions were loosened.
That's not just competition. That's the beginning of the end of the American car industry as we know it. And then there's the part no one's talking about enough. Robotaxes. China isn't just competing on cars, it's competing on batteries, software, autonomy, and the entire future transportation stat.
Opening the door wouldn't simply introduce a few new car brands, it would introduce an entirely different automotive ecosystem. And once American consumers experience that, there may be no closing the door again. Every industry, every business model, there's a larger opportunity hiding inside of it. I'm here to help you find them.
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