Elon Musk Is Fully Enjoying His “I Told You So” Moment About Chinese EV "BLOODBATH"!
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- เผยแพร่เมื่อ 2 มิ.ย. 2024
- Elon Musk Is Fully Enjoying His “I Told You So” Moment About Chinese EV "BLOODBATH"! Join us as we delve into Elon Musk's bold predictions about the Chinese EV industry and uncover the startling truths that validate his foresight! Elon Musk is well known for his visionary predictions and insights in the electric vehicle industry. The shocking downfall of BYD sales and other EV Makers sales sends shockwaves across the globe! In this thought-provoking video, we explore how the Chinese EV market is reshaping the automotive landscape, revealing the implications for the global EVs industry. Are you ready to discover why Elon Musk's insights into the Chinese EV industry are more relevant than ever? Join us as we analyze the impact of his predictions on the future of EV manufacturing and innovation.
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🏆Should Chinese EVs be completely BANNED in US?🤔
🔴IT STARTED! The Greatest Chinese EV Market CRASH Is Here WATCH HERE 👉 th-cam.com/video/twXB4BJxv3U/w-d-xo.html
Yep!
No but people should choose not to buy them and if China tries ccp government subsiding them we should apply equivalent tariffs.
Hell yeah!
Y
Ban them. 1) environmental impact of CCP manufacturing process. They have the worst track record of all the developed nations. 2) currency manipulation/govt subsidization to force competition out. We instituted laws here a century ago preventing this on a corporate level. 3) data collection. Same issue we have now with TicToc.
He underestimated BYD back in 2011, didn't he?
He underestimated consumer ignorance and willingness to choose garbage if cheap enough.
Musk is not concerned, because BYD (Build Your Destruction) sells cars with technology (blade batteries) that can go up in flames in a second.
Be realistic, most people are not stupid to make the same mistakes twice if it was bad. All I see now are mostly Toyota and Honda. I miss the old days of Oldsmobile and other GM cars. I'm ok with tariffs.
@@stayfree870
There's a reason for that. I've owned Oldsmobile, Ford, Mercury, Dodge, and Chevy. In 1989 I bought my first Honda, and in 2022 my first Toyota. I can't imagine ever going back to the American brands at this stage.
Evergrand Auto lost $17 Million on every car they sold?
Yep! They invested so much to get the EV's set up and sold few cars, so few that it
comes down to $17 Million+ on each one sold (according to other websites.)
Wow ..anyone who bought a Chinese Made EV would be a Multi-Millionaire when one go to China as a Tourist. 3 Thousand Year of Chinese Civilization and the Chinese of 1.3 Billion Citizen had no match to 1 single brain of Elon Musk.
Meh, koreans were sinkin money for like a decade before they ended up with Hyundai-Kia as lastman standing.
How is that similar? S Korea economy in general wasn't going down the tubes like China's is. China's problem is systemic. All EV but BYD are failing. EV adoption was propped up by govt incentives and was premature. (Kinda like in the US.)@@sznikers
@@paudogisbac they've kept pumping money in businesses for 20-30years and yes they had a moment when they were going down the drain during asia crisis. Neither their steel industry or automotive industry or semiconductor industry would have survived if not for billions of dollars of legal/semilegal help pumped into them. Were talking 3 decades! of state subsiding. China is doing same, they will end up with one or two survivors just like korea did. Others will be swallowed by victors or wither away.
@@paudogisbac so only BYD will survive and other will be swallowed by BYD?
Just like all other korean auto manufacturers were either taken over or they withered away. Thats called market doing its job.
EM is on the quest to excel humanity not just by inventions. He really stir up the technological marvels to use and to further our new generations superb knowledge!
Musk,Musk,Musk did this does that..... the fact is Tesla is moving to slow. Now even Mr. Musk is whinging for protection from the Chinese.
These "bloodbaths" happen in China all the time across all industries and sectors. It happened with steel mills, microwave manufactures, computer makers, mobile phone makers, solar panel makers, real estate developers, you name it, and they have/had oversupply in each and every one of them. The point being that it is not the losers that one should be gloating about, but the winner(s) that one should be paying close attention to.
BYD Please come to Canada !
If I was Musk I wouldn’t be gloating too soon,he’s been lucky so far but even his vehicles are having to be discounted to sell them,the repair costs of Tesla will deter a lot of customers from buying them. He had a head start on other manufacturers and made a fortune but the market and the economy worldwide is rapidly changing and not for the better,it will be interesting to see who survives this slowing down in the world economy. Tesla is riding high at the moment but will it continue ??? China has ruled the roost for years with brilliant growth and look how that’s turned out so anything can happen,I never thought China would end up on its arse.
Brilliant growth? All this growth was subsidized by the govt. don’t give them any credit the ccp.
to begin with people seem to misunderstand thinking tesla is a car company but it isnt. Tesla is a AI/Technology company. They are innovating in their manufacturing process, they can lower the prices even more without a problem. i hope they do actually, i want to short their stock more
All this is because of being EV. People still prefer the normal cars.
It's not just the economy, it's the fact people are waking up to the real downsides of EVs.
@davidellis279
The video is lying.
Chinese BYD is outselling Tesla; not surprisingly, musk, like a petulant brat, is crying to the govt to place high tariffs on BYD.
Poor Elon, he must be so tired, he said this, predicted that, knows everything about everything, most of made op bs.
Someone's jelly
The same "BLOODBATH" happened in the Solar Panels business in China before . It will last between 5 - 10 years and
this will benefit the consumers in the long term . EV Cars will become much cheaper in the years to come .
Great! That's what we need - cheap EV's. First of all, this is not a new technology. Second, people obviously don't want them. They aren't selling no matter how much they are discounted. EV's will fail and the EVangelissts will be wailing and gnashing their teeth when they realize they paid $$$$ for a POS that depreciates faster than a Tesla can go from 0-60.
I should hurry and sell based on this video! 😂😘
And the 10% remaining will give Tesla a thrashing as only the strongest survive
Did Elon predict the Hertz deal would burn his arse?
6m 51s in, it don't look like a china factory to me ! Bless they still need the human touch for fit and finish.
You forgot another key point, ie the EVs are too expensive to buy in regards to the performance and quality of the vehicle.
Nobody is going to spend $100k on a pile of junk that depreciates 40% in 18 months. Besides the few “early adopters” who got nicely burned already… 🔥
Exactly. Throwaway vehicles at a huge price.
The same thing happened in the case of the first gas powered cars. There once were many manufacturers, all vying for the public's attention. Then they started to amalgamate or disapear altogether. General Motors for instance was made up of a few different car companies who joined together under one banner. I suggest that not one EV manufacturer has come up with the perfect sauce that would convince the car buying public that there is no longer any justification to continue using ICE cars. We will all know when that becomes a reality.
When your company is struggling in a bloodbath, you will have to reduce the production quality and cut the R&D and increase the marketing costs. That is not sustainable. There were already several cases of EV car explosions in this year, most of them produced by BYD.
where's the evidence that elon is enjoying the moment? tesla is also a "chinese auto maker" that is struggling with slow sales.
All EVs will follow the same path. None will survive.
When too many players jump rapidly into a new industry, some will make it while a good percentage of others will fail. Nothing new and nothing unusual. The one thing to look for is whether a couple or a few of the Chinese EV makers will eventually survive and become the top brand(s). Another question is will Tesla be able to maintain its position or be also buried in the rubble. Only time will tell. But already Elon Musk is asking the US to impose import tariffs on Chinese EVs when not so long ago, he laughed when he was asked about the BYD car. That should tell you something about Chinese EVs.
The head of Tesla is saying bad stuff about his competition
about Chinese Autos that have always been known to be the cheap & Poor quality copies
and im supposed to believe he's some kind of a messiah now, gimme a break
He went on the record admitting how Chinese EV companies would demolish everyone around the world
1 minute 28 sec in - the control buttons have Korean lables... not Chinese! WTF? 🤔🤨😵
These videos are all stock footage strung together. This is not a secret.
At the same time, China imports a great deal of high tech equipment, robots, etc., from many developed countries like Best Korea.
Two yeas from now, we don't hear or remember Tesla any more.
...1 of 10 is allowed to sell in non-Asian markets, thus proved the technological advances and profitability of that 1!!!!! 😅😅😅😅😅
Tesla seems to have a hold on the western EV market, while BYD has the eastern EV market. In Thailand, BYD cars are increasing in popularity. They're well built and are at an affordable price point. Tesla, on the other hand, is still quite expensive due to import fees. However, the prospect of Tesla manufacturing in Thailand is very exciting for domestic consumers.
Comments like "BYD sales in China were down in February" ignore the fact that so were Tesla's sales in China down in February. Chinese New Year was in February this year, so every Chinese company sales were down as so many shut for the holiday. This suggests the commentary has a bias.
Also he compared to February last year
@@zi.d7last year CNY long holidays happened to be in January... Why only compare February year on year figures but not for January....
@@andydk7746 Well.. his statements already valid tho..
You compare by yourself for sales on January 2023/2024
this is how U$ politicians and propaganda channels feel good about themselves, by projecting their economic depression onto China, if only they spend a little more time on fixing their problems than worrying about the decline in China. LMAO.
Tesla is actually making heavy profit on each car.
Tesla had better hybridize their fleet or they will go under as well,.. long term people are not going to deal with range problems, cold weather problem,... the technology must mature.
I tried to get a China EV. It’s almost impossible to get one on the eastern coast of America. And when you can it costs more than twice the original price🙄!
They will come... GM sells more cars in CHINA, if the USA keeps pushing CHINESE EV's out, CHINA will tell GM to exit the Chinese Market or sell to a local Conglomerate.
ACTIVASION
Schools out early today, too many comments from children.
What a lie… he was promoting China until he realized that they duped him 😂
Which consumers prefer products have high competition or monopoly or oligopoly environment? Survival the fittest, or strict regulation for the Monopoly?
Where is Tesla dojo computer? 😂 now buying chips from nvidia 😂
If chinese government made a single company that provides reliable services for all chinese made cars and ensured supply of spare parts and repairs, the trust will be skyrocket and people every where would seriously consider chinese cars. But currently it a total uncertainty if I will find in two years a spare part for the Chinese car I would like to buy.
There must be heavy concentrated effort on certainty and future reliability.
Trump quoted him using the word bloodbath and look what happened.
I thought BYD made underwear!
does the "i told you so" moment include the fact that about half the roads in china do not allow a tesla to be driven on them? asking for a friend.
and you know, in china, they enforce the law. in china, they even enforce more than the law.
Oh you said "bloodbath" 😂😂😂😂😂
It's called "Capitalism", you know, great idea, gather funding, try it...fail 85%, succeed 15%. Next question....
Tesla should go bankrupt too.
Why?
Most likely irrational EV hatred. I am completely sympathetic for and supportive of don’t ban gas cars, but it is silly to be routing for EVs to fail.
They will never go bankrupt. He’s a billionaire. He’s only going to lose a couple billion. B y d Is backed by a billionaire time will tell
I would like to know the true cost to make and ev. Compared to profit?
I would like for him to make a desiel hybrid.
Companies lile BYD and NIO wont go anywhere.
Cyberteuck good car
😢😢😢😢 NO to tufo products 😂
Conman musk time is over
Conman?
@@FJB2020 You have to excuse him. He is just a simple mechanic. ICE cars are his specialty. His knowledge on BEVs is clearly limited to emotion rather than skill or expertise.
@zoransarin5411 I personally like Elon, but have little faith in EVs long-term viability.. I dont think he's a conman at all...
@simplemechanic246
I agree with you.
musk's "empire" is built on government money. ( Yours + my tax dollars.)
Space X received $15.3 B since 2003, and will be getting another $1.2 B.
Tesla received a critical $ 465 M loan guarantee, via the 2010 American Recovery ans Reinvestment Act.
@simplemechanic246
In 2011, musk laughed at the Chinese BYD.
Last year, BYD's EV outsold Tesla. Now musk is whining to the govt to impose high tariffs on BYD + other Chinese EV.
IF THEY CHIP THA 70 % ev in chinia ..aal weil bi ok inve tah wedwer an nomore smog ...it weil be hwey aleleya
This is rubbish. Nothing but Tesla fandom BS.
This will not hold for long. Chinese EVs price is attractive to the masses but govrnments allied to the West prevent potential buyers.
already knew China's auto industry was artificially propped up
by the Chinese government
We got a Tesla hating Demobatch commenting here
Tesla next hopefully.
The problem, Tesla will go bankrupt too.
Tesla 3 good
I didn't he thought EVs the
Answer but.there not.
He probably started this EV crap
Chinese EV at competitive prices. Geeky sells a vehicle with $35K per vehicle. In the west, that is a verticle monopoly subsidized by government for predatory pricing.
Why any government must lose lots of money that way? Why?
😅😂
No quality control. No infrastructure. Slow and inexperienced service. Toxic battery technology. No range. No cold weather. Terrible insurance. No resale value. I'll take TWO! SMFH.
This Musk is a mad guy. Send him to explore Sun not Mars
Fiction !
reality! I am currently working and living in Shandong, China.
Sure, USA will prevail...that must be the reason that Elon's main factory is still in China, of next one will be in.. Mexico.... go-go usa🤣🤣🤣
The writer is confused.
A lot of Chinese companies are going broke.
The Chinese EV industry is doing wonderfully!
BYD stands Burn Your Drive l see them around but lots of Tesla's a couple of Polstars a few MG EVs but much more MG petrol cars and other Chinese built vehicles which all of them don't have a really good build quality no were near as good as Toyota Lexus Mazda Honda or Suzuki's there are more Toyota's out there then any other brand in Australia you are never to far from a Toyota
Tesla strong
BYD is leading EV maker in the world
This is big BS
Made in china
It is pretty low to gloat over another persons misfortune,just another reason to dislike the" Electric Jesus "
Nowadays TESLA is an overpriced , and overblown automobile ; from what I know it was created for a well off sector of the market . Well let me tell you the majority of people need a car to go to work , to pick up the children or to go for a vacation a couple of times in the year , don't need a $40,000.00 plus car , and that to get into debt with the bank .
I drive but I could never afford a TESLA , so I am not and will not be your client Elon , the Chinese have made you very rich with their cheap labour and cheap parts , no more you had your season ..
crap
Simp
All Chinese companies are belong to community party.
They hav great party makin moneys.
All yank land companies belong to the LGBT U.S woke government