How a Trump win in November helps Tesla's competitors - Business Insider

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A Trump win in November helps Tesla's competition — but it doesn't make life any easier for Big Auto in the long run

, whatever bonds of opportunity were formed rapidly degraded, then collapsed amid Trump's contempt for the Paris climate accords, when Musk resigned from a White House committee of CEOs.

As much trouble as Trump has caused for US automakers — beginning with his 2016 campaign attacks on Ford for plans to build a factory in Mexico, continuing with his Twitter assaults on GM for shuttering a factory in Ohio, and culminating in a showboating invocation of the It means Tesla could count on the federal government putting some considerable wind back in its sails. Remember, Tesla isn't just a car company — it's also an energy company, and it's a safe bet that Joe Biden in the White House and a Congress run by Nancy Pelosi and Chuck Schumer are going to move quickly and aggressively to enact legislation based on.

What Detroit failed to anticipate was the level of chaos that Trump would bring to the task of managing sprawling global operations. Almost immediately, Trump's disorganized, real-estate pseudo-tycoon's approach collided with the extreme professionalism of auto execs with Harvard MBA's and decades of experience running companies with tens of billions in revenue sloshing through the balance sheets every quarter.

That's because Big Auto is playing catch-up with Tesla. In short order, Musk has monopolized the electric-vehicle market and now threatens to consolidate that advantage by rapidly building new factories. Tesla's China plant came online in a year, and factories in Germany and Texas could follow a similarly impressive timetable.

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So by forcing China to play more fairly by lowering their tariffs so that American auto can export to China more easily... that does not make business sense to you? (On this subject you are talking rubbish).

Because ElonMuskNewsOrg Is such a horrible red pill, I will never buy a Tesla!

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