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Elon Musk warns of EV competition

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Published: January 26th, 2024,
Last updated: May 30th, 2025

Tesla CEO Elon Musk expects Chinese EV manufacturers to „demolish“ their global competitors if trade restrictions such as import tariffs are implemented. „If there are no trade barriers established, they will pretty much demolish most other car companies in the world,“ he said on a post-earnings call with analysts on Wednesday. „They’re extremely good.“

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